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25 Kuwait company has $1,000,000 in debt with a 10% annual interest payment. If the annual sales are 4,000,000, the tax rate is 40%, and

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25 Kuwait company has $1,000,000 in debt with a 10% annual interest payment. If the annual sales are 4,000,000, the tax rate is 40%, and the profit margin is 10%, What is the TIE ratio? (2 points) b. 8.44 d. 9.63 a. 6.56 c. 7.67 e. None of the answers

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