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What is the firm times interest earned ratio

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Question - In the past year, TVG had revenues of $2.92 million, cost of goods sold of $2.42 million, and depreciation expense of $183,760. The firm has a single issue of debt outstanding with book value of $1.18 million on which it pays an interest rate of 8%. What is the firm's times interest earned ratio?

Reference no: EM133179588

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