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Click here to read the eBook: Profitability Ratios Problem Walk-Through RATIO CALCULATIONS Thomson Trucking has $25 billion in assets, and its tax rate is 40%.

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Click here to read the eBook: Profitability Ratios Problem Walk-Through RATIO CALCULATIONS Thomson Trucking has $25 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 7%. What is its times-interest- earned (TIE) ratio? Round your answer to two decimal places

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