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Values of the times interest earned ratio less than 1.0 suggest that the firm O a. has purchased the wrong types of bonds to
Values of the times interest earned ratio less than 1.0 suggest that the firm O a. has purchased the wrong types of bonds to meet its financing needs. O b. has defaulted on its long-term debts. O c. is able to cover interest payments from current period income before tax. O d. is unable to cover interest payments from current period income before tax.
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Structural Analysis
Authors: Russell Hibbeler
10th Edition
134610679, 978-0134610672
