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    Essentials of Entrepreneurship
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    Exam 12: Creating a Successful Financial Plan
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    A Company with a Times-Interest-Earned Ratio That Is Well Above
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A Company with a Times-Interest-Earned Ratio That Is Well Above

Question 56

Question 56

True/False

A company with a times-interest-earned ratio that is well above the industry average would likely have difficulty making the interest payments on its loans, as creditors would see that it was overextended in its debts.

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