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Victory Corp. has Assets $200,000, Sales of $100,000, COGS of $25,000, Interest Expense of $15,000, Depreciation...

Victory Corp. has Assets $200,000, Sales of $100,000, COGS of $25,000, Interest Expense of $15,000, Depreciation and Amortization of $10,000, Debt of $50,000, and Selling and General Administrative Expenses of $20,000.

          A. What is Victory’s debt ratio?

          B. What is Victory’s TIE ratio?

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