The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 
-What is the firm's TIE?
Definitions:
Other Components
Additional parts, elements, or ingredients that are part of a larger system but not specified in the initial consideration.
Microcomputers
Small-sized computers that are powerful enough for individual use, including personal computers.
General-Purpose Computers
Computers designed to perform a wide range of tasks, as opposed to being specialized for particular tasks.
Least Expensive
The option available that has the lowest cost associated with it.
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