Question: Multiple Answer question (choose all answers that apply). Consider the following shock to your firm, the cash receipts go down 9% due to a change

 Multiple Answer question (choose all answers that apply). Consider the following

Multiple Answer question (choose all answers that apply). Consider the following shock to your firm, the cash receipts go down 9% due to a change in demand. How might this impact the firm compared to the base case scenario (no change in cash receipts in the same year)? a) NIAT would likely increase | b) Interest expense should increase c) Interest expense should decrease d) Profitability margin would likely decrease e) TIE ratio would likely increase | f) Profitability margin would likely increase g) Interest expense should not change h) TIE ratio would likely decrease |i) Taxes would likely increase if not $0 i) NIAT would likely decrease |k) Taxes would likely decrease if not $0

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