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Click here to read the eBook: Profitability Ratios Problem Walk-Through RATIO CALCULATIONS Thomson Trucking has $17 billion in assets, and its tax rate is 35%.

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Click here to read the eBook: Profitability Ratios Problem Walk-Through RATIO CALCULATIONS Thomson Trucking has $17 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 6%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. 1

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