Question: Q19 ent: Module 1 Homework Assignment Score: 0.00% Save Submit Assignment for Grading Problem 4.18 (TIE Ratio) Question 19 of 20 Check My Work (3

Q19

ent: Module 1 Homework Assignment Score: 0.00% Save Submit Assignment for Grading Problem 4.18 (TIE Ratio) Question 19 of 20 Check My Work (3 remaining) 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 MPI's times-interest-earned (TIE) ratio? Do not round intermediate calculations. Round your answer to two decimal places. Check My Work (3 remaining) 0 Icon Key

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