Aei incorporated has 4 billion in assets and its tax rate


AEI Incorporated has $4 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 4%. What is AEI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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Finance Basics: Aei incorporated has 4 billion in assets and its tax rate
Reference No:- TGS0614744

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