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The following financial information was obtained from the year ended 2018 income statements for Green Automotive and Stanley Automotive: m(Click the icon to view the

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The following financial information was obtained from the year ended 2018 income statements for Green Automotive and Stanley Automotive: m(Click the icon to view the financial information.) Requirements 1. Compute the times-interest-earned ratio for each company. Round to two decimals. 0 Data Table 2. Which company was better able to cover its interest expense? Green Stanley Net Requirement 1. Compute the times-interest-earned ratio for each company. Round to two decimals. Begin by showing the formula for the times-interest-earned ratio. Times-interest-earned ratio = income $76,940 $95,550 Income tax expense 21,900 27,830 Interest expense 700 3,100 Print Done

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