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What is the? firm times interest earned? ratio

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Reference no: EM131557198

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?

Reference no: EM131557198

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