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aABE Co. has a times interest earned ratio of 3.2. How is this value interpreted? What is (are) a factor which requires caution when using
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The times interest earned ratio TIE measures a companys ability to cover its interest expenses with its earnings before interest and taxes EBIT A TIE ...Get Instant Access to Expert-Tailored Solutions
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Financial Reporting And Analysis Using Financial Accounting Information
Authors: Charles H Gibson
12th Edition
1439080607, 978-1439080603
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