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The height (in feet) of a certain kind of tree is approximated by where t is the age of the tree in years. Estimate the age of a 60-ft tree. Please round the answer to two decimal places.
t = __________ years
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations by comparing its earnings before interest and taxes (EBIT) to its interest expenses.
Equity Multiplier
A financial ratio that measures a company's total assets financed by its shareholders' equity, used to evaluate financial leverage.
Net Profit Margin
A profitability ratio calculated as net income divided by revenue, indicating how much profit a company makes with its total sales.
Gross Margin
The difference between revenue and cost of goods sold divided by revenue, expressed as a percentage.
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