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The Morrit Corporation has $450,000 of debt outstanding, and it pays an interest rate of 8% annually. Morrit's annual sales are $3 million, its average tax rate is 25%, and its net profit margin on sales is 5%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio?
In the Discussion (see attached document below), you identified three topics in the field of education that ignite your passion and that may inform your end product in your program of study.
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Why is evaluating training an important part of strategic training? Your discussion is to be submitted in 12-point Times New Roman font using APA format.
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Our current acceptance of a right to die, especially for those who are unconscious and need a proxy decision maker, is a rather slippery slope that may, in the future, be used not to protect individual autonomy or privacy but rather to serve as a ..
Explain What is the labor rate variance for the month - Labour Rate Variance
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