Question: Here are some data for five companies in the same industry: You have been asked to calculate a measure of times-interest-earned for the industry. Discuss

Here are some data for five companies in the same industry:

You have been asked to calculate a measure of times-interest-earned for the industry. Discuss the possible ways that you might calculate such a measure. Does changing the method of calculation make a significant difference to the end result?

Company Code 18 30 15 100 80 10 EBIT 50 Interest expense

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