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Business, 23.04.2020 03:38 johnnyaby69

Park Company reports interest expense of $340,000 and income before interest expense and income taxes of $6,120,000.(1) Compute its times interest earned.(2) Park's competitor's times interest earned is 12.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad

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Park Company reports interest expense of $340,000 and income before interest expense and income taxe...
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