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fatsoulmh fatsoulmh
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A month ago
The only debt a firm has outstanding is a $10 million, 8.0% bond issue. If their earnings before taxes is $5.2 million, then their times-interest-earned ratio would be

▸ 7.5.

▸ 6.5.

▸ 5.5.

▸ none of the above
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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ricyoungricyoung
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A month ago
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fatsoulmh Author
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A month ago
Thanks for your help!!
gma_of_7
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Yesterday
Brilliant ツ
smi3
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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