Question: Excel Online Structured Activity: TIE ratio MPI Incorporated has $7 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio

Excel Online Structured Activity: TIE ratio MPI Incorporated has $7 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 9%, and its return on assets (ROA) is 4%. 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. X Open spreadsheet What is MPI's times-interest-earned (TIE) rati? Round your answer to two decimal places. Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $25000, its interest expense is $6000, and its tax rate is 35%. Its notes payable equals $24000, long-term debt equals $70000, and common equity equals $260000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. X HHHI Open spreadsheet What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations. % ROE % ROIC

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