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Video Excel Online Structured Activity: TIE ratio MPI Incorporated has $6 billion in assets, and its tax rat s 35%. Its basic earning power (HEP)
Video Excel Online Structured Activity: TIE ratio MPI Incorporated has $6 billion in assets, and its tax rat s 35%. Its basic earning power (HEP) ratio is , and its return on ist (ROA) 3. The data has been collected in the Microsoft Excel Online for below. Open the spreadsheet and perform the required analysis to answer the question below. . Open spreadsheet What is MPI's times interest earned (TID) ratio? Round your answer to two decimal places D F Formulas WNIA #N/A T TIE ratio 2 3 Total Assets $6,000,000,000.00 4 Tax Rate 35.00% Basic Earning Power (BEP) Ratio 9.00% 6 Return on Assets (ROA) 3.00% 7 8 EBIT 9 10 Net Income 11 12 Partial Income Statement: 13 EBIT $0.00 14 Interest 15 Eamings Before Taxes 16 Taxes 17 Net Income 18 19 TIE Ratio 20 21 22 23 #N/A #N/A #N/A #N/A #N/A
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