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Nimitz Rental Company had depreciation expenses of $125,707, interest expenses of $93,531, and an EBIT of $1,421,829 for the year ended June 30, 2011. What
Nimitz Rental Company had depreciation expenses of $125,707, interest expenses of $93,531, and an EBIT of $1,421,829 for the year ended June 30, 2011. What are the times interest-earned and cash coverage ratios for this company? (Round answers to 1 decimal place, e.g.12.5.)
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