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Calculate the times-interest-earned ratio

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Question 1: ABANTI's 2019 were $435,000, the operating costs were $362,500, and the interest charges were $12,500. Calculate the times-interest-earned (TIE) ratio?

Question 2: AGIP 2019 sales were $280,000, and the net income was $23,000. Calculate the profit margin?

Reference no: EM132650977

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