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Wyand Corporation's net operating income last year was $212.000; its interest expense was $26,000; its total stockholders' equity was $1,000,000; and its total liabilities were

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Wyand Corporation's net operating income last year was $212.000; its interest expense was $26,000; its total stockholders' equity was $1,000,000; and its total liabilities were $370,000. Required: Compute the following for Year 2: a. Times interest earned ratio. b. Debt-to-equity ratio

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