Thomson Trucking has $12 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 17%, and its
Posted: Sun Jul 03, 2022 12:57 pm
Thomson Trucking has $12 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 17%, and its return on assets (ROA) is 4.25%. What is its times- interest-earned (TIE) ratio? Round your answer to two decimal places.________.