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?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: The hr picket corp has 500000 of debt outstanding and it
Reference No:- TGS0642134

Expected delivery within 24 Hours