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A firm’s Revenues equals $2,000,000, Earnings After Taxes equals $250,000, Earnings Before Interest and Taxes equals...

A firm’s Revenues equals $2,000,000, Earnings After Taxes equals $250,000, Earnings Before Interest and Taxes equals $400,000, and Interest payments equals $50,000. What is this firm’s Times Interest Earned?

a.

5

b.

2

c.

8

d.

need to know what its Taxes equal

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