19. Lina's Corp's sales last year were $652,500, its operating costs were $543,750, and its interest charges were $18,750. What was the firm's times-interest-earned (TIE) ratio? * O a) 5.8X O b) 8.5X...


19. Lina's Corp's sales last year were $652,500, its operating costs were<br>$543,750, and its interest charges were $18,750. What was the firm's<br>times-interest-earned (TIE) ratio? *<br>O a) 5.8X<br>O b) 8.5X<br>O c) 5.2X<br>O d) 6.3X<br>O e) None of the above<br>

Extracted text: 19. Lina's Corp's sales last year were $652,500, its operating costs were $543,750, and its interest charges were $18,750. What was the firm's times-interest-earned (TIE) ratio? * O a) 5.8X O b) 8.5X O c) 5.2X O d) 6.3X O e) None of the above

Jun 06, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here