Aei incorporated has 9 billion in assets and its tax rate


AEI Incorporated has $9 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) RATIO is 12%, and its return on assets (ROA) is 6%. What is AEI's times-earned (T/E) ratio? Round answer to two decimal places and show step-by-step solution.

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Finance Basics: Aei incorporated has 9 billion in assets and its tax rate
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