What was the firms times-interest-earned tie


Rao Corp's revenue last year was $100,000, its operating costs (including depreciation) were $60,000, and its interest charges were $10,000. What was the firm's times-interest-earned (TIE) ratio?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What was the firms times-interest-earned tie
Reference No:- TGS02375148

Expected delivery within 24 Hours