8 Decline by $28.767 Decline by $41,675 Question 8 8 pts During the year, the XYZ Company paid $300,000 in interest. The company is in the 25% tax bracket. It paid off $200,000 in notes payable and issued an additional $400,000 in long-term debt. The firm paid $125,000 in dividends and bought back $100,000 in common stock. It also increased its short-term investments by $60,000. Based on the information above, calculate the FCF for XYZ Company. $310,000 $385.000 O $910,000 $1,185,000 Question 9 7 pts The Tarpon Corp has $350,000 of debt outstanding, and it pays an interest rate of 9% annually. Its annual sales are $900,000, its average tax rate is 25%, and its net profit margin on sales is 10%. If the company does not maintain a times interest earned (TIE) ratio of greater than 5 to 1, then its bank will refuse to renew the loan and bankruptcy will result. Holding sales constant, #boloan