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Times interest earned tacouva Company reported the following on the company's income statement for two recent years: Current Year Prior Year Interest expense Income before

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Times interest earned tacouva Company reported the following on the company's income statement for two recent years: Current Year Prior Year Interest expense Income before income tax a. Determine the times interest earned ratio for the current year and the prior year. Round to one decimal place. Current year Prior year b. Although the company has adequate earnings to pay interest, the $481,000 $481,000 7,263,100 8,032,700 in this ratio oconcern among debtholders. Previous Check My Work de)

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