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General Motors Sales $155,488 EBIT $7,714 Interest Expense $211 Net Income $5,379 Current Assets $81,565 Total Assets $166,25
The times interest earned ratio for General Motors is (Round to four decimal places.)
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Answer #1

Answer - General Motors

EBIT = $7714

Interest Expense = $211

Times Interest Eaned Ratio = EBIT/Interest Expense

Times Interest Eaned Ratio = $7714/$211

Times Interest Eaned Ratio = 36.559

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