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Thomas trucking has 10 billion in assets and its tax rate

Ratio Calculatons

Thomas Trucking has $10 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 15%, 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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Finance Basics: Thomas trucking has 10 billion in assets and its tax rate

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