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Moss Motors has $700 million in operating assets, and its MTB is 40%. The compan reported EBITDA of $200 million, $30 million in interest expense
Moss Motors has $700 million in operating assets, and its MTB is 40%. The compan reported EBITDA of $200 million, $30 million in interest expense and $20 million of depreciation expense. What is Moss' times interest earned (TIE) ratio? IF NECESSARY ROUND YOUR ANSWER TO TWO DECIMAL PLACES. DONT USE THE TIMES SIGN
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