Essay
The following information was taken from the income statement of The W D Company for the years 2010 through 2012 (in millions):
(1) Calculate the times interest earned ratio for 2010 through 2012.
(2) Comment on the ratios' sufficiency.
Correct Answer:
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(1) 2012, 4.93 times, 2011, 5.9 times, 2...View Answer
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