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Question: Graser Trucking has $16 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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