What is its times-interest-earned ratio

What is its times-interest-earned ratio

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Graser Trucking has $17 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 15%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM131596279

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