Question: TIE Dave SUDITIL ASSignment for Grading Problem 4.12 (Ratio Calculations) Question 15 of 19 eBook Problem Walk-Through Thomson Trucking has $24 billion in assets, and

TIE

Dave SUDITIL ASSignment for Grading Problem 4.12 (Ratio Calculations) Question 15 of 19 eBook Problem Walk-Through Thomson Trucking has $24 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 5%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. X

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