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on whigh the firm will poy 10 percent interest. The borrowed money will be used to finance an imvestment that is expocted to increase the
on whigh the firm will poy 10 percent interest. The borrowed money will be used to finance an imvestment that is expocted to increase the frmis net operasing inosmo by $406,000 a year. a. What is Kanon's times interost earned ratio beloee the loan is taken out and the investment is made? b. What effect will the loen and the investment have on the firm's times interest eamed ratio? a. What is Karnon's times interest earned ratio bolore the loan is tiken out and the investment ia made? The times interest eamed ratio is times. (Round to tho decimas placese)
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