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Problem 4.12 (Ratio Calculations) Question 17 of 20 Check My Work (3 remaining) E ebook Problem Walk-Through Thomson Trucking has $9 billion in assets, and
Problem 4.12 (Ratio Calculations) Question 17 of 20 Check My Work (3 remaining) E ebook Problem Walk-Through Thomson Trucking has $9 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) 5 7.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places
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