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Times Interest Earned (TIE) : Derive the TIE ratio for a company with EBIT of $150,000 and interest expense of $25,000. What does this ratio

Times Interest Earned (TIE): Derive the TIE ratio for a company with EBIT of $150,000 and interest expense of $25,000. What does this ratio reflect about the company's ability to meet its debt obligations?

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