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Problem 4-12 Ratio Calculations Graser Trucking has $14 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 19%,

Problem 4-12 Ratio Calculations Graser Trucking has $14 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 19%, and its return on assets (RCA) is 4%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. x

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