Thomson Trucking has $15 billion in assets

Thomson Trucking has $15 billion in assets

Question # 00468861 Posted By: katetutor Updated on: 01/24/2017 01:32 AM Due on: 01/24/2017
Subject Finance Topic Finance Tutorials:
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Thomson Trucking has $15 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 17%, and its return on assets (ROA) is 5%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.
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    Tutorial # 00464911 Posted By: katetutor Posted on: 01/24/2017 01:32 AM
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