The hr picket corp has 500000 of debt outstanding and it


The H.R. picket corp has 500,000 of debt outstanding, and it pays an annual interest rate of 10%. Its annual sales are 2 million, its average tax rate is 30% and its profit margin is 5%. what is the TIE ratio?

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Finance Basics: The hr picket corp has 500000 of debt outstanding and it
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