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MPI incorporated had 3 billion in assets, and its tax rate is 35%. Its Basic earning power (BEP) ratio is 10% and its return on
MPI incorporated had 3 billion in assets, and its tax rate is 35%. Its Basic earning power (BEP) ratio is 10% and its return on assets (ROA) is 4%. What is MPI's times interest-earned (TIE) ratio?
What is MPI's times interest-earned (TIE) ratio?
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