In addition rondoeleas average tax rate was 30 percent if


Last year the Rondoelea Products Company had $143million in annual sales and a net profit margin of 10.1 percent. In? addition, Rondoelea's average tax rate was 30 percent. If Rondoelea had $38 million of debt outstanding with an average interest rate of 10.5 ?percent, what is the? firm's times interest earned? ratio?

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Business Management: In addition rondoeleas average tax rate was 30 percent if
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