Graser trucking has 19 billion in assets and its tax rate


Graser Trucking has $19 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 5%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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Financial Management: Graser trucking has 19 billion in assets and its tax rate
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