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URGENT PLEASE, NEED IT IN 10 MINUTES A company's income before interest expense and income taxes in 2014 is $487,500 and $427,000 in 2015 .
URGENT PLEASE, NEED IT IN 10 MINUTES
A company's income before interest expense and income taxes in 2014 is $487,500 and $427,000 in 2015 . Its interest expense was $125,000 for each year. Calculate the company's times interest earned ratio for 2014 and 2015 and then comment on the level of risk. 2014: 2015: Comment on its level of riskStep by Step Solution
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