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TIMES INTEREST EARNED What is the formula? EBIT( Earnings Before Interest and Taxes)/ Interest Expense Calculate the ratio current year: 19,803/726= 27 times Calculate the

TIMES INTEREST EARNED

What is the formula? EBIT( Earnings Before Interest and Taxes)/ Interest Expense

Calculate the ratio current year: 19,803/726= 27 times

Calculate the ratio for the prior year. 19,196/552= 34 times.

Analyze the ratio trend

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