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SHOW STEPS Thomson Trucking has $19 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 11%, and its

SHOW STEPS

Thomson Trucking has $19 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 11%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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