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Thomson Trucking has $24 billion in assets, and its tax rate is25%. Its basic earning power (BEP) ratio is 20%, and its return onassets (ROA)
Thomson Trucking has $24 billion in assets, and its tax rate is25%. Its basic earning power (BEP) ratio is 20%, and its return onassets (ROA) is 5.25%. What is its times-interest-earned (TIE)ratio? 2 answers
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Derivatives Markets
Authors: Rober L. Macdonald
4th edition
321543084, 978-0321543080
