Take a look back at the times interest earned (TIE) ratio we discussed in Chapter 3. For
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Take a look back at the times interest earned (TIE) ratio we discussed in Chapter 3. For interest paid to be fully deductible by a company after the Tax Cuts and Jobs Act of 2017, what must be true about this ratio? Assume the company has no interest income.
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Since the interest expense is limited to 30 ...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
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