Question: 14. Problem 4.18 (TIE Ratio) eBook Problem Walk Through MPI Incorporated has $6 billion in assets, and its tax rate is 25%. Its basic earning

14. Problem 4.18 (TIE Ratio) eBook Problem Walk Through MPI Incorporated has $6 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 3%. What is MPT's times interest-earned (TIE) ratio? Do not round intermediate calculations. Round your answer to two decimal places. Grade it Now Save & Continue Continue without saving L

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