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A firm has an operating profit of $610,802.00, and has required interest payments of $326,289.00. What is the TIE ratio for the firm?
A firm has an operating profit of $610,802.00, and has required interest payments of $326,289.00.
What is the TIE ratio for the firm?
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The TIE Times Interest Earned ratio is a measure of a companys ability to cover its i...
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
