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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 $3.07 million, cost of goods sold of $2.57 million, and depreciation expense of $105,170. The firm has a single issue of debt outstanding with book value of $1.07 million on which it pays an interest rate of 9%. What is the firm's times interest earned ratio?

Reference no: EM133186716

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