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The data below are for Minersville Company. Total Assets $ 1 0 , 0 0 0 Income Tax Expense 1 , 0 0 0 Accounts
The data below are for Minersville Company.
Total Assets $
Income Tax Expense
Accounts Receivable
Total Equity
Interest Expense
Sales
Cost of Goods Sold
Accounts Payable
Net Income
Minersville needs a financial ratio that indicates whether its borrowing costs are appropriate given its level of income. What is Minersville Companys TIMES INTEREST EARNED RATIO?
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