QUESTION 11 PROBLEM 4-18 TIE Ratio: EDITED MPI Incorporated has $6 billion in assets, and its tax rate is 36%. Its basic earning power (BEP) ratio is 1196, and its return on assets (ROA) is 6%. What is MPI's times-interest-earned (TIE) ratio Step 2: Calculate Net Income (NI) QUESTION 12 PROBLEM 4-18 TIE Ratio: EDITED MPI Incorporated has $6 billion in assets, and its tax rate is 369. Its basic earning power (BEP) ratio is 11%, and its return on assets (ROA) is 6%. What is MPI's times-interest-earned (TIE) ratio Step 3: Calculate EBT QUESTION 13 PROBLEM 4-18 TIE Ratio: EDITED MPI Incorporated has $6 billion in assets, and its tax rate is 3696. Its basic earning power (BEP) ratio is 1196, and its return on assets (ROA) is 6%. What is MPI's times-interest-earned (TIE) ratio Step 4: Calculate Interest QUESTION 14 PROBLEM 4-18 TIE Ratio: EDITED MPI Incorporated has $6 billion in assets, and its tax rate is 369. Its basic earning power (BEP) ratio is 11%, and its return on assets (ROA) is 6%. What is MPI's times-interest-earned (TIE) ratio? QUESTION 15 PROBLEM 4-20 DSO AND ACCOUNTS RECEIVABLE: EDITED Ingraham Inc. currently has $205,000 in accounts receivable, and its days sales outstanding (DSO) is 71 days. It wants to reduce its DSO to 20 days by pressuring more of its customers to pay their bills on time. If this policy is adopted, the company's average sales will fall by 1546. What will be the level of accounts receivable following the change? Assume a 365-day year. What is the sales level