MPI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 8%, and its return on assets (ROA) is 3%. 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. X pen spreadsheet What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.A B C D TIE ratio Total Assets $6,000,000,000.00 Tax Rate 35.00% Basic Earning Power (BEP) Ratio 8.00% Return on Assets (ROA) 3.00% Formulas EBIT #N/A Net Income #N/A Partial Income Statement: EBIT $0.00 Interest #N/A Earnings Before Taxes #N/A Taxes #N/A Net Income #N/A TIE Ratio #N/A