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The following information was drawn from the accounting records of Woo Company. Current assets $ 45,500 Long-term assets (plant assets) 374,000 Current liabilities 46,000 Long-term
The following information was drawn from the accounting records of Woo Company. Current assets $ 45,500 Long-term assets (plant assets) 374,000 Current liabilities 46,000 Long-term liabilities 110,500 Stockholders' equity 263,000 Earnings before interest and taxes 61,500 Interest expense 16,500 Based on this information, the company's times interest earned measure is
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