. B TIE ratio 1 0 D 4 Total Assets $5,000,000,000.00 Tax Rate 35.00% Basic Earning Power (BEP) Ratio 12.00% Retum on Assets (ROA) 3.00% EBIT om in ooo o 9 de Formulas #N/A Net Income #N/A $0.00 Partial Income Statement: 13 EBIT 14 Interest Earnings Before Taxes 16 Taxes 17 Net Income #N/A #N/A #N/A #N/A #N/A 19 TIE Ratio 20 21 22 23 24 25 26 27 28 Video Excel Online Structured Activity: TIE ratio MPI Incorporated has $5 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 3%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. X Open spreadsheet What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places. Check My Work Reset