Based on the information in Table 4-3, the operating return on total assets (OROA), also referred to as the firm's basic earnings power (BEP) is Table 4-3 Emery Corporation Balance Sheet Income Statement Assets: Cash $10,000,000 Accounts receivable (6,500,000) Inventory (2,000,000) Net fixed assets (180,000) Total assets (528,000) $792,000 Liabilities and owners' equity: Accounts payable Notes payable Long-term debt Owners' Equity Total liabilities and owner's equity 16.16% 30.61% 15.00% 40.82% Question 22 $350,000 650,000 1.100,000 2,800,000 $4,900,000 $220,000 550,000 1,730,000 2,400,000 $4,900,000 Sales (all credit) Cost of goods sold Operating expense Interest expense Income taxes Net income MacBook Pro