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Problem 15, part t. in Chapter 3 asks you to construct a five-year financial projection for Aquatic Supplies beginning in 2018 . The five-year projection
Problem 15, part t. in Chapter 3 asks you to construct a five-year financial projection for Aquatic Supplies beginning in 2018 . The five-year projection appears below. Calculate the company's times-interest-earned ratio for each year from 2017 to 2022. Calculate the percentage EBIT can fall before interest coverage dips below 1.0 for each year from 2017 to 2022. Problem 15, part t. in Chapter 3 asks you to construct a five-year financial projection for Aquatic Supplies beginning in 2018 . The five-year projection appears below. Calculate the company's times-interest-earned ratio for each year from 2017 to 2022. Calculate the percentage EBIT can fall before interest coverage dips below 1.0 for each year from 2017 to 2022
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