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James Corp's sales last year were $455,000, its operating costs were $365,500, and its interest charges were $14,500. What was the firm's times-interest-earned (TIE) ratio?
James Corp's sales last year were $455,000, its operating costs were $365,500, and its interest charges were $14,500. What was the firm's times-interest-earned (TIE) ratio? Question 22 options: 5.51 5.72 7.23 6.17 6.97
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Survey of Accounting
Authors: Carl S. Warren
7th edition
978-1285183480
