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Answer both please. QUESTION 9 Assume a firm generates $400,000 EBIT annually, pays 40% tax rate, and has 80,000 shares outstanding. Calculate TIE (times interest

Answer both please. QUESTION 9 Assume a firm generates $400,000 EBIT annually, pays 40% tax rate, and has 80,000 shares outstanding. Calculate TIE (times interest earned) if the firm decided to borrow...

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