Ratios: Times Interest Earned (TIE) Video Lessons

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Problem: Calculate the times interest earned ratio based on sales of $100,000; operating expenses of $70,000; interest expense of $10,000 and Net income of $5,000. a. 0.5x b. 10x c. 3x d. 7x

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Calculate the times interest earned ratio based on sales of $100,000; operating expenses of $70,000; interest expense of $10,000 and Net income of $5,000.

a. 0.5x

b. 10x

c. 3x

d. 7x

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