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Need help Thomson Trucking has $14 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 19%, and its
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Thomson Trucking has $14 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 19%, and its return on assets (ROA) i 6%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. xStep by Step Solution
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