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The following financial data ( in thousands) were taken from recent financial statements of Staple, Inc.: Year 3 Year 2 Year 1 Interest expense.................$173,751 $214,824
The following financial data ( in thousands) were taken from recent financial statements of Staple, Inc.:
Year 3 Year 2 Year 1
Interest expense.................$173,751 $214,824 $237,025
Earnings before taxes.......1,459,141 1,356,595 1,155,894
1. Wha is the number of times interests charges are earned for Staples in Year 3, Year 2, and year 1? (round your answers to one decimal place.)
2. Evaluate this ratio for staples
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