Question
Thomson Trucking has $24 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 17%, and its return on
Thomson Trucking has $24 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 17%, and its return on assets (ROA) is 6%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.
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The Handbook Of The Political Economy Of Financial Crises
Authors: Martin H. Wolfson, Gerald A. Epstein
1st Edition
0199757232, 978-0199757237
