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Which of the following best describes the function of the times interest earned ratio? a. It compares the amount of interest versus taxes a firm
Which of the following best describes the function of the times interest earned ratio? a. It compares the amount of interest versus taxes a firm pays on average. b. It measures the volume of sales in comparison to debt. c. It measures how much debt the firm has paid off during the year. d. It measures the ability of the firm to meet its annual interest payments. e. It measures the amount of debt held by investors
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