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 43 Emery Corporation Income Statement Balance Sheet Assets: Cash Accounts receivable Inventory Net fixed assets Total assets $350,000 650,000 1,100,000 2.800,000 $4,900,000 Sales (all credit) Cost of goods sold Operating expense Interest expense Income taxes Net income $10,000,000 (6,500,000) (2.000,000) (180,000) (528,000) $792,000 Liabilities and owners' equity: Accounts payable Notes payable Long-term debt $220,000 550,000 1.730,000 Owners' Equity Total liabilities and owner's equity 2.400.000 $4.900.000 30.61% O 15.00% 40.82% 16.16%