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MPl Incorporated has $7 biltion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is B%, and its retum on

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MPl Incorporated has $7 biltion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is B\%, and its retum on assets (ROA) is 4\%. 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. Open spreadsheet What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places

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