acc230 week 8 checkpoint 1

Apr 16th, 2015
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Acadia University
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Hi there.This document contains A+ work for the course ACC 230.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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Week 8 - Checkpoint 1 (Instructor Answer Key)6.6(a)DebtEquityDebt Ratio*40+1090+10= 50%4090+10= 40%Times Interest Earned*184.8+1.5= 2.86 x184.8= 3.75xOperating Profit18,000,00018,000,000Interest Expense 6,300,000 4,800,000Earnings before tax11,700,000

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