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MPI Incorporated has $12 billion in assets, and its tax rate is 25%. its basic earning power (BEP) ratio is-13%, and its return on assets
MPI Incorporated has $12 billion in assets, and its tax rate is 25%. its basic earning power (BEP) ratio is-13\%, and its return on assets (ROA) is 3%. What is MPi's times-interest-earned (TIE) ratio? Do not round intermediate calculations. Round your answer to two decimal places
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