Its basic earning power bep ratio is 16 and its return on


Thomson Trucking has $15 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 16%, and its return on assets (ROA) is 7%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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Financial Management: Its basic earning power bep ratio is 16 and its return on
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