Question
Moss Motors has $160 million in assets, and its tax rate is 40%. The company's basic earning power (BEP) ratio is 43%, and its return
Moss Motors has $160 million in assets, and its tax rate is 40%. The company's basic earning power (BEP) ratio is 43%, and its return on assets (ROA) is 17%. What is Moss' times-interest-earned (TIE) ratio?
Group of answer choices
2.93
1.16
1.93
3.30
0.91
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Brilliant Book Keeping How To Keep Your Business Efficient And Cost Effective
Authors: Martin Quinn
1st Edition
0273731785,0273746707
