Question
Our companies's sales last year were $415,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned
Our companies's sales last year were $415,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
