What is its times-interest-earned ratio

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Reference no: EM13917310

Ratio Calculations

Graser Trucking has $25 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 19%, and its return on assets (ROA) is 4%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM13917310

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What is its times-interest-earned ratio : Graser Trucking has $25 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 19%, and its return on assets (ROA) is 4%. What is its times-interest-earned (TIE) ratio?

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