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20 Orono Corp.'s sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. What was the (TIE) ratio? (Hint:

20 Orono Corp.'s sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. What was the (TIE) ratio? (Hint: TIE = EBIT/Interest Expense) 5.80 O 4.72 5.51 4.97 5.23

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