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Tyco has $60 million in total investor-supplied operating capital. The companys WACC(% cost of capital) is 8.0 % and is subject to 30% corporate income

Tyco has $60 million in total investor-supplied operating capital. The companys WACC(% cost of capital) is 8.0 % and is subject to 30% corporate income tax rate. The company has the following items from the income statement: Interest expense 1.0 million Net income $ 3.0 million What is Tycos Times Interest Earned Ratio

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