Question: Here are some data for five companies in the same industry: a. Calculate a measure of times-interest-earned for the industry. b. Calculate a measure of
Here are some data for five companies in the same industry: a. Calculate a measure of times-interest-earned for the industry. b. Calculate a measure of times-interest-earned for each company. c. Calculate the average of the times-interest-earned ratios for the individual companies. d. Does changing the method of calculation make a significant difference to the end result? Complete this question by entering your answers in the tabs below. Calculate o measure of times-interest-earned for the industry. Note: Do not round intermediate calculations, Round your answer to 2 decimal places
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