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Why is the times interest earned ratio considered important? ANswer in 100-150 words

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Accounting

Why is the times interest earned ratio considered important?ANswer in 100-150 words

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Times Interest Earned ratio is used to identify the company ability to service its Interest Payment for the debt This also called as Interest Coverage ratio which shows how well company can    See Answer
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Why is the times interest earned ratio considered important?ANswer in 100-150 words

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