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What is mpi times-interest-earned ratio

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Reference no: EM132933263

MPI Incorporated has $8 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 5%.

Problem 1: What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM132933263

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