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QUESTION 15 A firm has a Times Interest Earned of 12. Which of the following describes this situation best? The shareholders would be unhappy with

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

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