What is mpi times-interest-earned

Assignment Help Finance Basics
Reference no: EM131846375

MPI Incorporated has $3 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 9%, and its return on assets (ROA) is 5%. What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM131846375

Questions Cloud

Brief discussion of the arguments : Clearly state what is meant by normalization and provide a brief discussion of the arguments for and against it.
What is the average speed of the plane down the runway : What is the gravitational force of attraction between a 150,000,000 kg block of granite and a 200,000,000 kg rock if they are 18.0 meters apart?
Offset the charges assessed against the bank : How much would this bank have available in credits at the Federal Reserve Bank in its district to help offset the charges assessed against the bank
Determining the interest on savings : If annual deposits of $1,987 will allow you to reach your goal, how old is your daughter now? Assume you can earn 6% interest on your savings.
What is mpi times-interest-earned : What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.
Develop full product costs per unit for voltage regulator : Develop full product costs per unit for the Voltage Regulator and Mother Board, using an activity-based product costing approach and what is the markup on
Ferrell price-earnings ratio : Assuming Ferrell's price/earnings ratio remains at its current level, what will be its stock price 1 year from now?
Develop transition and communication action plan : BSBMGT608 Manage innovation and continuous improvement Assignment. Develop transition and communication action plan including: Activities and objectives
How do you think the impact of increased access : A key objective of health care reform efforts has been to expand access to quality care to more people.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is locals gross margin

Local Co. has sales of $10 million and cost of sales of $6 million. Its selling, general, and administrative expenses are $500,000 and its research and development is $1 million. It has an annual depreciation of $1 million and a tax rate of 35..

  Calculate the yield to maturity on the given bonds

A 9 percent coupon (paid semiannually) bond, with a $1,000 face value and 15 years remaining to maturity. The bond is selling at $985.

  What is the dividend yield percentage rate

The required return on Mountain Meadow stock is 14 percent and the dividend growth rate is 3.5 percent. The stock is currently selling for $11.80 a share. What is the dividend yield percentage rate?

  What is the npv of buying the new lathe

What is the NPV of buying the new lathe

  What is the npv of this project

If the tax rate is 34 percent and the discount rate is 8 percent, what is the NPV of this project?

  Describe the mechanism and methodology used to ensure that

after reading your report as well as comments by others on the teams the genesis team began to understand the

  What does it mean to screen a venture opportunity

What does it mean to screen a venture opportunity?

  What is the basic equation for the income statement

What is the realization principle, and why may it lead to a difference in the timing of when revenues are recognized on the books and cash is collected?

  Compute the statutary property tax rate

Exemptions for the elderly reduce assessed value by $3,000,000. The city has a planned budget of $3,500,000 and expects to receive $750,000 in nonproperty tax revenue.

  How much would be willing to lend under the given terms

Your friend has a trust fund that will pay him $623 at the end of 6 years. Your friend, however, wants his money today. He promises to sign his trust fund.

  What will flashbacks eps and pe ratio

What will Flashback's EPS and PE ratio be under the two different scenarios?

  Calculate its beta for the stock of foster company

Given the following information for the stock of Foster Company, calculate its beta, Current price per share of common ............. $50.00 Expected dividend per share next year ........... $ 3.00 Constant annual dividend growth rate ............. 9%..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd