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In the past year, TVG had revenues of $2 92 million cost of goods sold of $2 42 million and depreciation expense of $183760 The
In the past year, TVG had revenues of $2 92 million cost of goods sold of $2 42 million and depreciation expense of $183760 The firm has a single issue of debt outstanding with book value of $118 million on which it pays an interest rate of 8% What is the firm's times interest earned ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Times interest eamed
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