Thomson trucking has 25 billion in assets and its tax rate


Thomson Trucking has $25 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 20%, 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: Thomson trucking has 25 billion in assets and its tax rate
Reference No:- TGS02821993

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