Question: Excel Online Structured Activity: TIE ratio MPI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio

Excel Online Structured Activity: TIE ratio MPI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 3%. The data has been collected in the Microsoft Excel Online Nile below. Open the spreadsheet and perform the required analysis to answer the question below. 11111 Open spreadsheet What is MPI's times interest-earned (TIE) ratio? Round your answer to two decimal places, Check My Work Reset

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