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This year's income statement shows that ABC company has EBIT (Earnings Before Interest and Taxes) of $112272 and interest expense of $38253. What is the
This year's income statement shows that ABC company has EBIT (Earnings Before Interest and Taxes) of $112272 and interest expense of $38253. What is the value of TIE ratio (Times-Interest-Earned ratio) for this company according to this year's income statement? (Round your final answer to 2 decimal places, e.g. 110.10) QUESTION 35 This year's income statement shows that ABC company has Net Income of $96456, tax expense of $24257 and interest expens of $46551. What is the value of TIE ratio (Times-Interest-Earned ratio) for this company according to this year's income statement? (Round your final answer to 2 decimal places, e.g. 110.10) QUESTION 36 Classify the following changes in balance sheet items into either source of cash or use of cash A decrease in inventory is a A. use of cash A decrease in accounts payable is a B. source of cash An increase in notes payable is a An increase in accounts receivable is a An increase in net fixed asset is a An increase in the equity account is a
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