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Walmart Had Income Before Interest Expense and Income Taxes of $12,581

Question 159

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Walmart had income before interest expense and income taxes of $12,581 million and interest expense of $1,063 million.Sears had income before interest expense and income taxes of $3,596 million and interest expense of $1,143 million.Calculate the times interest earned ratio for each company and comment on the results.

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Walmart times interest earned = $12,581/...

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