Calculate the average of the times-interest-earned ratios, Financial Management

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Calculate the average of the times-interest-earned ratios

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 c. Calculate the average of the times-interest-earned ratios for the individual companies. (Round your answer to 1 decimal place.) Average times-interest-earned ratio.

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Financial Management: Calculate the average of the times-interest-earned ratios

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Financial Management: Calculate the average of the times-interest-earned ratios

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