Video Excel Online Structured Activity: TIE ratio MPI Incorporated has $5 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 4%. The data has been collected in the Microsoft Excel Online ble below. Open the spreadsheet and perform the required analysis to answer the question below. X se Open spreadsheet What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places. TIE ratio 4 Total Assets Tax Rate Basic Earning Power (BEP) Ratio Return on Assets (ROA) $5,000,000,000.00 35.00% 10.00% 4.00% 6 Formulas #N/A 8 EBIT 10 Net Income #N/A $0.00 12 Partial Income Statement: 13 EBIT 14 Interest 15 Earnings Before Taxes 16 Taxes 17 Net Income #N/A #N/A #N/A #N/A 19 TIE Ratio #N/A