If rondoelea had 36 million of debt outstanding with an, Financial Management

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If rondoelea had 36 million of debt outstanding with an

Last year the Rondoelea Products Company had $138 million in annual sales and a net profit margin of 10.3 percent. In addition, Rondoelea's average tax rate was 30 percent. If Rondoelea had $36 million of debt outstanding with an average interest rate of 9.2 percent, what is thefirm's times interest earned ratio?

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Financial Management: If rondoelea had 36 million of debt outstanding with an

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Financial Management: If rondoelea had 36 million of debt outstanding with an

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