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Sansan Corp's sales last year were Php 460,000, its operating costs were Php 362,500, and its interest charges were Php 12,500. What was the firm's
Sansan Corp's sales last year were Php 460,000, its operating costs were Php 362,500, and its interest charges were Php 12,500. What was the firm's times-interest-earned ratio
A. 7.80
B. 6.80
C. 36.80
D. None of the choices
Please provide a comprehensive explanation for your answer.
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