Determining the times-interest-earned ratio


AEI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 8%, and its return on assets (ROA) is 5%. What is AEI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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Finance Basics: Determining the times-interest-earned ratio
Reference No:- TGS050823

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