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4. A company's interest expense is $500,000 and its net income is $14 million. If the company's effective tax rate is 30%, what is the

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4. A company's interest expense is $500,000 and its net income is $14 million. If the company's effective tax rate is 30%, what is the company's times interest earned (TIE) ratio? a. 90 b. 41 c. 32 d. 16

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