26. I need the answers and how to work them!! THANKS A firm has an operating profit of $719,448.00, and has required interest payments of $247,408.00. The firm believes that the operating profit is sensitive to changes in competition. If the competition is stronger than expected, the operating profit will drop to $325,000. What will be the new TIE ratio? Answer format: Number: Round to: 2 decimal places. A firm reports sales of $1,234,021.00, COGS of $600,814.00, Selling and Administrative expense of $102,384.00, and Depreciation expense of $218,800.00. The firm's creditors expect the TIE coverage ratio to be at least 1.80. What is the most the interest expense can be to satisfy this request? Answer format: Currency: Round to: 2 decimal places. Back to Back Titles Incorporated has just announced a dividend of $1.70 per share. The firm has 1.00 million shares outstanding and just reported net income of $4.00 million for the current year. What is the dividend payout ratio for the firm based on this announcement? Answer format: Number: Round to: 2 decimal places. Back to Back Titles Incorporated has just announced a dividend of $1.70 per share. The firm has 1.00 million shares outstanding and just reported net income of $4.00 million for the current year. What is the firm's contribution to retained earnings based on this announcement?(answer in terms of millions) Answer format: Currency: Round to: 2 decimal places. A firm reports sales of $1,048,600.00, Cost of Goods (COGS) of $599,800.00, Selling and Administrative expense of $99,200.00, and depreciation expense of $224,325.00. What is the gross profit for the firm? Answer format: Currency: Round to: 0 decimal places. A firm reports sales of $1,048,600.00, Cost of Goods (COGS) of $599,800.00, Selling and Administrative expense of $99,200.00, and depreciation expense of $224,325.00. What is the operating profit for the firm? Answer format: Currency: Round to: 0 decimal places