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The following data were taken from recent annual reports of Caliber Company, which operates a low-fare airline service to more than 50 cities in the

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The following data were taken from recent annual reports of Caliber Company, which operates a low-fare airline service to more than 50 cities in the United States: a. Determine the times interest earned ratio for the current and preceding years. Round to one decimal place. b. Although Caliber Company had enough earnings to pay interest in the prior year, the in this ratio will be by the debtholders

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