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Encik Tuah has asked you to advise him on the long-term debt/liabilities ability for his company. He provides you with the following ratios: Year 2022

Encik Tuah has asked you to advise him on the long-term debt/liabilities ability for his company. He provides you with the following ratios: Year 2022 2021 2020 Total liabilities to total assets 30% 40% 60% Times interest earned (TIE) 4.2x 6.1x 8x Based on the given information, you are required to answer the following

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