Question: Excel Online Structured Activity: TIE ratio MPI Incorporated has $5 billion in assets, and its tax rate is 35% Its basic earning power (BEP) ratio

Excel Online Structured Activity: TIE ratio MPI Incorporated has $5 billion in assets, and its tax rate is 35% Its basic earning power (BEP) ratio is 9%, and its return on assets (ROA) is 5%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet What is MPT's times interest earned (TIE) ratio? Round your answer to two decimal places. Check My Work Rene

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