Question: 4: End-of-Chapter Problems - Analysis of Financial Statements to Assignment mtempts: Keep the Highest: 1 - Problem 4.18 (TIE Ratio) eBook Problem Walk-Through MPI Incorporated

4: End-of-Chapter Problems - Analysis of Financial Statements to Assignment mtempts: Keep the Highest: 1 - Problem 4.18 (TIE Ratio) eBook Problem Walk-Through MPI Incorporated has $3 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 14%, and its return on assets (ROA) is 7%. What is MPI'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 9 ^V - Doda

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