Broward Manufacturing recently reported the following information: Net income $315,000 ROA 9% Interest expense $97,650 Accounts payable and accruals $1,000,000 Broward's tax rate is 40%. Broward...


Broward Manufacturing recently reported the following information:





















Net income$315,000
ROA9%
Interest expense$97,650
Accounts payable and accruals$1,000,000

Broward's tax rate is 40%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, while 60% of its total invested capital is common equity. Calculate its basic earning power (BEP), its return on equity (ROE), and its return on invested capital (ROIC). Do not round intermediate calculations. Round your answers to two decimal places.

















BEP %
ROE %
ROIC %


Jun 10, 2022
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