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deploymentid=5832841927042390377626072086&eSBN=9781337395298&id=8591742Asnapshoto-10504042 ap Search this E ratio Video Excel Online Structured Activity: TIE ratio MPI Incorporated has $8 billion in assets, and its tax rate is
deploymentid=5832841927042390377626072086&eSBN=9781337395298&id=8591742Asnapshoto-10504042 ap Search this E ratio Video Excel Online Structured Activity: TIE ratio MPI Incorporated has $8 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 11%, and its return on assets (ROA) 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 h What is MPI's times interest-earned (TIE) ratio7 Round your answer to two decimal places Retrom Check My Work TU Tume Sell Formulas Data Review View Help Tell me what you want to d 5 X Cut Arial - 10AA LCopy Currency Paste BI U Dab INI $ % 68 % Undo Format Painter Clipboard fx Font Alignment Number B8 A B c D E F TIE ratio 1 2 3 4 5 Total Assets 58.000.000.000.00 Tax Rate 35.00% Basic Eaming Power (BEP) Ratio 11.00% Return on Assets (ROA) 3.00% Formulas #N/A #N/A 8. EBIT . 10. Net Income 19 10 Partial Income Statement: 13 EBIT 14 Interest 15 Earnings Before Taxes 16 Taxes 17 Net Income 50.00 #N/A ANA WNA NA TIE Ratio Sheet o Type here to search
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