Refer to the data for Pettijohn Inc. What is the firm's TIE? Balance Sheet (Millions of $).

Refer to the data for Pettijohn Inc. What is the firm's TIE?

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Balance Sheet (Millions of $). Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 1,554.0 9,660.0 13,440.0 $24,654.0 17,346.0 $42,000.0 $ 7,980.0 5,880.0 4,620.0 $18,480.0 10,920.0 $29,400.0 3,360.0 9,240.0 $12,600.0 $42,000.0 Balance Sheet (Millions of $). Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 1,554.0 9,660.0 13,440.0 $24,654.0 17,346.0 $42,000.0 $ 7,980.0 5,880.0 4,620.0 $18,480.0 10,920.0 $29,400.0 3,360.0 9,240.0 $12,600.0 $42,000.0

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