Question: can someone help me? Question 10 (4 points) Saved Selected financial data for Channel Co. is provided below: ($ in millions) Sales Interest expense Tax
Question 10 (4 points) Saved Selected financial data for Channel Co. is provided below: ($ in millions) Sales Interest expense Tax expense Net income Total assets (beginning of year) Total assets (end of year) Total liabilities (end of year) Total stockholders' equity (end of year) $ 50,000 1,000 2,000 7,000 54,000 60,000 24,000 36,000 What is the times interest earned ratio for Channel Co.? 4.0 times 7.0 times 10.0 times 8.5 times
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