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Times Interest Earned The following data were taken from recent annual reports of Caliber Company, which operates a low- a. Determine the times interest earned

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Times Interest Earned The following data were taken from recent annual reports of Caliber Company, which operates a low- a. Determine the times interest earned ratio for the current and preceding years. Round to one dec b. Although Caliber Company had enough earnings to pay interest in the prior year, the debtholders

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