Answer:
a. True
Explanation:
TIE means times interest earned, whose formula is provided below:
Times interest earned=EBIT/interest expense
With the above formula, we can determine the EBIT (earnings before interest and tax)
Depending on the company's cost structure, when the operating costs are added to EBIT, the result would be the company's sales revenue
EBIT=Sales revenue-operating costs
Sales revenue=EBIT+operating costs
The technique is called: interclass correlation
Interclass correlation define the connection between two variables that belong to different classes,and commonly used for countable measurements that made for several groups of subject. Currently, this type of correlations is among the most commonly used by marketing unites to research various information about their products (such as popularity, segmentation, positioning, etc_)
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