Question: Questions Probl Check My Work (3 remaining) 17. 3 18. Problem Walk-Through 19. O B eBook 20. MPI Incorporated has $9 billion in assets, and

Questions Probl Check My Work (3 remaining) 17. 3 18. Problem

Questions Probl Check My Work (3 remaining) 17. 3 18. Problem Walk-Through 19. O B eBook 20. MPI Incorporated has $9 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. N

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