What is its times-interest-earned ratio

Reference no: EM131794017

Question: 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: EM131794017

Questions Cloud

Record the sale of the season tickets : Hilman University sells 5,351 season basketball tickets at $67 each for its 10-game home schedule. Give the entry to (a) record the sale of the season tickets

Discuss about a binary tree representation : Every tree and forest can be represented by a binary tree using a left-leftmost-child right next-Sibling representation;

Was this a virtual or face to face communication : What was the issue? What were your emotions during the communication? Was this a virtual or face to face communication?

What was demo cos total net income for the year : Ator Co. invested $1,000,000 in Demo Co. for 25% of its outstanding stock. What was Demo Co.'s total net income for the year

What is its times-interest-earned ratio : 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%.

Write a function that reads a table of letters : Write a function that reads a table of letters and their weights and constructs a Huffman code for these letters.

Calculate the earnings per share : The Hamilton Corporation has 2 million shares of stock outstanding and will report earnings of $6,700,000 in the current year.

Prepare all necessary journal entries for both situations : Journal Entries for Fair Value and Equity Methods Presented two independent situations. Prepare all necessary journal entries in 2010 for both situations

Write a program to compress a file using a huffman code : The program should first read through the file and determine the number of occurrences of each character in the file and the total number of characters.

User Account

All Pages