Question
TIE ratio 8. Moss Motors has $8 billion in assets, and its tax rate is 40 percent. The companys basic earning power (BEP) ratio is
TIE ratio
8. Moss Motors has $8 billion in assets, and its tax rate is 40 percent. The companys basic earning power (BEP) ratio is 12 percent, and its return on assets (ROA) is 3 percent. What is Moss times interest earned (TIE) ratio?
a. 2.25
b. 1.71
c. 1.00
d. 1.33
e. 2.50
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Working Capital Management And Finance A HandBook For Bankers And Finance Managers
Authors: R.K.Gupta, Himanshu Gupta
4th Edition
1645875547, 9781645875543
