Use the following information to answer the next two questions:
Recent financial statement data for Harmony Health Foods (HHF) Inc.is shown below.
-HHF's times interest earned ratio is:
Definitions:
Chief Characteristics
Principal or most significant features, properties, or attributes that distinguish a subject or entity.
Implied Covenant
A legal promise that is not expressly stated but is considered a fundamental part of a contract to ensure fairness and honesty.
Good Faith and Fair Dealing
An implied contractual obligation to act honestly and fairly towards the other party, avoiding taking unfair advantage in a transaction.
Franchise Territory
The specific geographic area granted to a franchisee by the franchisor in which to operate and market the franchised business.
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