colethompson886 colethompson886
  • 23-08-2022
  • Business
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A company's income before interest expense and income taxes in 2014 is $487,500 and $427,000 in 2015. Its interest expense was $125,000 for each year. Calculate the company's times interest earned ratio for 2014 and 2015 and then comment on the level of risk. 2014: 2015: Comment on its level of risk. 4​

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