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4-12. RATIO CALCULATIONS Thomson Trucking has $12 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 10%,
4-12. RATIO CALCULATIONS Thomson Trucking has $12 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 5.25%. What is its times-interest- earned (TIE) ratio?
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