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July 23, 2014

Homework Help: Finance

Posted by Vanessa on Friday, January 13, 2012 at 6:10pm.

19. Temple, Inc. has sales of $329,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $15,100. The tax rate is 34 percent. What is the times interest earned ratio? (Please calculate the arithmetic solution and show your work)

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