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A company has a debt-to-equity ratio of 0.5 and an interest coverage ratio of 2. Calculate the company's times interest earned (TIE) ratio.
- A company has a debt-to-equity ratio of 0.5 and an interest coverage ratio of 2. Calculate the company's times interest earned (TIE) ratio.
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
9th Canadian Edition
978-1119786634, 1119786630
