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QUESTION 15 A firm has a Times Interest Earned of 12. Which of the following describes this situation best? The creditors would be very concerned

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QUESTION 15 A firm has a Times Interest Earned of 12. Which of the following describes this situation best? The creditors would be very concerned about the future payments they are expected to receive The creditors (lenders) would be very satisfied with the performance of the firm The shareholders would be unhappy with the creditors of the firm The firm has not been able to meet its fixed obligation

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