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PLEASE DO NOT COPY AND PASTE FROM ANOTHER CHEGG ANSWER. THE NUMBERS ARE DIFFERENT AND THE ANSWER WILL BE WRONG- I WILL DOWNVOTE AND REPORT.

PLEASE DO NOT COPY AND PASTE FROM ANOTHER CHEGG ANSWER. THE NUMBERS ARE DIFFERENT AND THE ANSWER WILL BE WRONG- I WILL DOWNVOTE AND REPORT. THE OTHER POSTS DO NOT EXPLAIN WELL EITHER. :)

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9. Problem 3-10 (Times-Interest-Earned Ratio)

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