Question: Problem 4.09 (BEP, ROE, and ROIC) eBook Problem Walk-Through Broward Manufacturing recently reported the following information: Net income ROA Interest expense Accounts payable and

Problem 4.09 (BEP, ROE, and ROIC) eBook Problem Walk-Through Broward Manufacturing recently

Problem 4.09 (BEP, ROE, and ROIC) eBook Problem Walk-Through Broward Manufacturing recently reported the following information: Net income ROA Interest expense Accounts payable and accruals $549,000 8% $192,150 $950,000 Question 10 of 11 Check My Work (2 remaining) Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 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: % Icon Key Problem 4.09 (BEP, ROE, and ROIC) Check My Work (2 remaining) Question 10 of 11

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