What is aei times-earned ratio

Reference no: EM13287707

AEI Incorporated has $9 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) RATIO is 12%, and its return on assets (ROA) is 6%. What is AEI's times-earned (T/E) ratio? Round answer to two decimal places and show step-by-step solution.

Reference no: EM13287707

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