What is the tie ratio
Question: A company has sales of $1 million, tax rate of 40%, net profit margin of 6% and total interest charges of $10,000 per year. What is the TIE ratio?
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A company has sales of $1 million, tax rate of 40%, net profit margin of 6% and total interest charges of $10,000 per year. What is the TIE ratio?
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