What is mpis times-interest-earned tie


MPI Incorporated has $8 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 9%, and its return on assets (ROA) is 3%.

What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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Financial Management: What is mpis times-interest-earned tie
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