Calculate a measure of times-interest-earned for the, Financial Management

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Calculate a measure of times-interest-earned for the

Here are some data for five companies in the same industry: Company Code A B C D E EBIT 10 30 100 –3 80 Interest expense 5 15 50 2 1 a. Calculate a measure of times-interest-earned for the industry. (Round your answer to 2 decimal places.) Times-interest-earned _____

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Financial Management: Calculate a measure of times-interest-earned for the

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