Baker industries" net income is $25000, its interest expense is $6000, and its tax rate is 35%. Its notes payable equals $27000, long-term debt equals 575000 , and common equity equals $245000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Ontine file below. Open the spreadsheet and perform the required analysis to answer the questions below. 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. Open spreadsheet What is MPTs times-interest-earned (TIE) ratio? Round your answer to two decimal places