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eBook Problem Walk-Through Thomson Trucking has $18 billion in assets, and its tax rate is 25%, Its basic earning power (BEP) ratio is 18%,
eBook Problem Walk-Through Thomson Trucking has $18 billion in assets, and its tax rate is 25%, Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 4.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.
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