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Thomson Trucking has $15 billion in assets, and its tax rate is25%. Its basic earning power (BEP) ratio is 14%, and its return onassets (ROA)
Thomson Trucking has $15 billion in assets, and its tax rate is25%. Its basic earning power (BEP) ratio is 14%, and its return onassets (ROA) is 6.25%. What is its times-interest-earned (TIE)ratio? 2 answers
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
