Problem 4-9 BEP, ROE, and ROIC Duval Manufacturing recently reported the following information Net income $265,000 ROA 9% Interest expense $79,500 Accounts payable $1,050,000 and accruals Duval?s tax rate is 35%. Duval finances with only debt and common equity, so t 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 16.54 % ROE 23.31 % ROIC %