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Question 3 6 pt The Milling Corporation has $1,000,000 of debt outstanding, and it pays an interest rate of 5 percent annually. Milling's annual sales
Question 3 6 pt The Milling Corporation has $1,000,000 of debt outstanding, and it pays an interest rate of 5 percent annually. Milling's annual sales are $8 million, its average tax rate is 20 percent, and its net profit margin on sales is 5 percent. What is Milling's TIE ratio
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