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Does a financial manager prefer a lower or higher times interest earned (TIE) ratio? Explain your reason(s). (2 marks) Discuss how a financial manager can

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Does a financial manager prefer a lower or higher times interest earned (TIE) ratio? Explain your reason(s). (2 marks) Discuss how a financial manager can use 'inventory turnover ratio' in ratio analysis to manage the firm better. (2 marks)

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