jonessamariyah4262 jonessamariyah4262
  • 10-04-2024
  • Business
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A firm has total interest charges of $20,000 per year, sales of $2 million, a tax rate of 25%, and a profit margin of 6%. What is the firm's times-interest-earned ratio?
a) 8
b) 10
c) 12
d) 14

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