Determine its times-interest-earned ratio

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Reference no: EM132027572

Thomson Trucking has $24 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 17%, and its return on assets (ROA) is 6%.

What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM132027572

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