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rindale Bank offers Humira Boards a $80,000, 5-year term loan at 3.5% annual interest. What will your annual loan payment be? g the information from
rindale Bank offers Humira Boards a $80,000, 5-year term loan at 3.5% annual interest. What will your annual loan payment be? g the information from Question 3, how will this impact the Times Interest Earned ratio if these additional interest charges were ed to existing interest expense? Should Erindale bank be concerned? (4 points) Statement of Comprehensive Income Sales Cost of goods sold Selling & administrative Depreciation EBIT Interest EBT 2017 360,437.00 173,849.00 32,223.00 2018 491,810.00 256,886.00 92,058.00 A 62,282.00 99,110.00 11,056.00 88,054.00 69,058.00 Taxes (20%) 17,610.80 D Net income 70,443.20 55,246.40 B C
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