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The formula for times interest earned is ((interest expense + income tax expense + net income) / interest expense) = ebit / interest expense. If

The formula for times interest earned is ((interest expense + income tax expense + net income) / interest expense) = ebit / interest expense.

If a statement lists the following, what is the interest expense used in calculating times interest earned?

Interest:

Debt

Capital lease and financing obligations

Interest income

Interest, net

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