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In the past year, tvg had revenues of $3.06 million, cost of goods sold of $2.56 million, and depreciation expense of $156,560. the firm has a single issue of debt outstanding with book value of $1.06 million on which it pays an interest rate of 8%. what is the firm’s times interest earned ratio? (do not round intermediate calculations. round your answer to 2 decimal places.)
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In the past year, tvg had revenues of $3.06 million, cost of goods sold of $2.56 million, and deprec...
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