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The balance sheet and income statement shown below are for Pettjohn Inc. Note that the firm has no amortizatinn chargen, it does not lease any

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The balance sheet and income statement shown below are for Pettjohn Inc. Note that the firm has no amortizatinn chargen, it does not lease any assets, noee of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Refer to the data for Pettijohn Inc. What is the firm's TIE? a. 2.93 b. 2.39 c. 1.94 d. 2.66 e. 2.15

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