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Posted: **Sun Jun 05, 2022 9:56 am**

: Excel Online Structured Activity Tie Ratio Mpi Incorporated Has 4 Billion In Assets And Its Tax Rate Is 35 Its Basi 1 (23.29 KiB) Viewed 30 times

: Excel Online Structured Activity Tie Ratio Mpi Incorporated Has 4 Billion In Assets And Its Tax Rate Is 35 Its Basi 2 (38.32 KiB) Viewed 30 times

Excel Online Structured Activity: TIE ratio MPI Incorporated has $4 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 9%, and its return on assets (ROA) is 4%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. X Open spreadsheet What is MPI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.
A TIE ratio 2 3 Total Assets 4 Tax Rate 5 Basic Earning Power (BEP) Ratio 6 Return on Assets (ROA) 8 EBIT 9 10 Net Income 11 12 Partial Income Statement: 13 EBIT 14 Interest 15 Earnings Before Taxes. 16 Taxes 17 Net Income 18 19 TIE Ratio 20 21 $4,000,000,000.00 35.00% 9.00% 4.00% $0.00 C D Formulas #N/A #N/A #Nit #N/A #N/A #N/A #N/A E LL