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Long-term debt Other liabilities 1,419,800 2,038,000 978,000 $8,151,000 Total liabilities $4,056,800 Shareholders equity: Co
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Answer #1

b.

Camper Company McSead Inc.
14.0 11.9

Times interest earned = Income from operations/Interest expense

Camper Company: $1079400/$77100 = 14

McSead Inc.: $3007130/$252700 = 11.9

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