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Three companies in the same industry have the following ratios: Times interest earned Company A 20.7 Company B 12.6 Company C 5.9 Which company is
Three companies in the same industry have the following ratios: Times interest earned Company A 20.7 Company B 12.6 Company C 5.9 Which company is best able to meet its interest obligations? O Company A O Company B Company C Unable to determine based on information given. ABC Company reported the following debt to assets ratio over the past 3 years: 2021 2020 2019 34% 37% 39% All of the following might explain the trend, EXCEPT? The company has been paying down its debt. The company has been acquiring new debt. The company has been acquiring new assets without the use of debt. None of the above
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