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The financial data of Flagship Pioneering show a profit for the year of R49 000 and a tax rate of 30%. If the company has
The financial data of Flagship Pioneering show a profit for the year of R49 000 and a tax rate of 30%. If the company has an interest expense of R20 000, what is the companys times interest earned ratio?
1. 1,5 times
2. 2,5 times
3. 3,5 times
4. 4,5 times
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