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19. Lina's Corp's sales last year were $652,500, its operating costs were $543,750, and its interest charges were $18,750. What was the firm's times-interest-earned (TIE)
19. Lina's Corp's sales last year were $652,500, its operating costs were $543,750, and its interest charges were $18,750. What was the firm's times-interest-earned (TIE) ratio? a) 5.8x b) 8.5% O C) 5.2X O d) 6.3X e) None of the above
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
