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Excel Online Structured Activity: TIE ratio MP1 Incorporated has $7 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio

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Excel Online Structured Activity: TIE ratio MP1 Incorporated has $7 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 8%, and its return on assets (ROA) is 5\%. 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. \begin{tabular}{|c|l|r|r|} \hline 1 & TIE ratio & \\ 2 & & \\ \hline 3 & Total Assets & $7,000,000,000.00 & \\ \hline 4 & Tax Rate & 35.00% & \\ \hline 5 & Basic Eaming Power (BEP) Ratio & 8.00% & \\ \hline 6 & Return on Assets (ROA) & 5.00% & \\ \hline 7 & & & \\ \hline 8 & EBIT & & \\ \hline 9 & & & Formulas \\ \hline 10 & Net Income & & \#N/A \\ \hline 11 & & & \\ \hline 12 & Partial Income Statement: & & \#N/A \\ \hline 13 & EBIT & & \\ \hline 14 & Interest & & \#N/A \\ \hline 15 & Earnings Before Taxes & & \#N/A \\ \hline 16 & Taxes & & \#N/A \\ \hline 17 & Net Income & & \#N/A \\ \hline 18 & & & \\ \hline 19 & TIE Ratio & & \#N/A \\ \hline 20 & & & \\ \hline 21 & & & \\ \hline 22 & & & \\ \hline 23 & & & \\ \hline 24 & & & \\ \hline \end{tabular}

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