A firm has an operating profit (EBIT) of

$600,000

and sales of

$1,000,000

. Interest expense is

$250,000

, and taxes are

$120,000

. The firm has a times interest earned (TIE) ratio of times.\ 0.25\ 0.60\ 5.00\ 2.40

A firm has an operating profit (EBIT) of $600,000 and sales of $1,000,000. Interest expense is $250,000, and taxes are $120,000. The firm has a times interest earned (TIE) ratio of times. 0.25 0.60 5.00 2.40