QUESTION 15 Which of the following actions would increase a company's times interest earned (TIE) ratio? Assume a company's choice of debt vs. equity doesn't affect its EBIT. Use cash to reduce accounts payable (the company doesn't pay interest on accounts payable) Issue common stock and use the proceeds to reduce long-term debt Move corporate headquarters to a state with lower taxes Borrow using long-term debt and use the proceeds to reduce common stock Use cash to reduce inventory