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MPI Incorporated hos $6 billion in assets, and its tax rates 35%. Its basic earning power () ratio is %, and its return on (ROA)

MPI Incorporated hos $6 billion in assets, and its tax rates 35%. Its basic earning power () ratio is %, and its return on (ROA) is 3%. The data has been collected in the Microsoft Excel Online Me below. Open the spreadsheet and perform the required analysis to wwer the question below Open spreadsheet What is MPI's times interest-earned (TIE) ratio? Round your answer to two decimal places

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