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  3. a firm has an operating profit of $604,259.00, and

A firm has an operating profit of $604,259.00, and has required interest payments of $345,378.00....

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Finance

A firm has an operating profit of $604,259.00, and has required interest payments of $345,378.00. What is the TIE ratio for the firm?

The firm believes that the operating profit is sensitive to changes in competition. If the competition is stronger than expected, the operating profit will drop to $325,000. What will be the new TIE ratio?

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