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Find what is the times interest earned for the company

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Problem 1: Sawaya Company had depreciation and amortization expenses of $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 for the year ended June 30, 2010. What is the Times Interest Earned for this company?

Option 1: 13.3 times

Option 2: 8.8 times

Option 3: 6 times

Option 4: None of the above

Reference no: EM132626205

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