1. Report how inflation, currency, liquidity (marketability), default, interest rate risk, reinvestment rate risk, maturity risk influence bond?
2. If a firm has interest expenses of $20,000 per year, sales of 800,000 , a marginal tax rate of 40%, and a net profit margin of 8%, what is the firm's time interest earned (TIE) ratio?
3. James corp's sales last year were $455,000, its operating costs were $365,500, and its interest charges were $14,500. what was the firm's times- interest- earned (TIE) ratio?