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A times-interest-earned (TIE) ratio of less than 1 indicates _____. Select one: a. a less debt in the capital structure of the firm b. a

A times-interest-earned (TIE) ratio of less than 1 indicates _____. Select one: a. a less debt in the capital structure of the firm b. a low probability that the firm will default c. the firm's inability to meet its annual interest obligations d. that the firm is financed only by equity e. that the debt/assets ratio of the firm is very low

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