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Broward Manufacturing recently reported the following information Net income $500000 ROA 11% Interest expense $150000 Accounts payable and accruals $1050000 Browards tax rate is 30% Broward

Broward Manufacturing recently reported the following information: Net income $500,000 ROA 11% Interest expense $150,000 Accounts payable and accruals $1,050,000 Broward's tax rate is 30%. 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). Round your answers to two decimal places.

BEP _____%

ROE _____%

ROIC ____%

 

May 02 2020 View more View Less

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