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MPI Incorporated has $5 billion in assets, and its tax rate is35%. Its basic earning power (BEP) ratio is 12%, and its return onassets (ROA)
MPI Incorporated has $5 billion in assets, and its tax rate is35%. Its basic earning power (BEP) ratio is 12%, and its return onassets (ROA) is 4%. The data has been collected in the MicrosoftExcel TIE ratio \( \begin{array}{lr}\text { Total Assets } & \$ 5,000,000,000.00 \\ \text { Tax Rate } & 35.00 \% \\ \text { Basic Earning Power (BEP) } & 12.00 \% \\ \text { Ratio } & 4.00 \%\end{array} \) 2 answers
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