What is the firm times interest earned ratio for tvg

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Problem 1: In the past year, TVG had revenues of $3.01 million, cost of goods sold of $2.51 million, and depreciation expense of $154,580. The firm has a single issue of debt outstanding with book value of $1.01 million on which it pays an interest rate of 9%. What is the firm's times interest earned ratio?

Reference no: EM132984130

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