What type of times interest earned ratio would be desirable, Financial Accounting

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What type of times interest earned ratio would be desirable

Response to the following questions:

1. Is profitability important to a firm's long-term debt-paying ability? Discuss

2. List the two approaches to examining a firm's long-term debt-paying ability. Discuss why each of these approaches gives an important view of a firm's ability to carry debt

3. What type of times interest earned ratio would be desirable? What type would not be desirable?

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Financial Accounting: What type of times interest earned ratio would be desirable

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Financial Accounting: What type of times interest earned ratio would be desirable

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