Business, 13.10.2021 02:20, wwwcarolynzouowficz

Broward Manufacturing recently reported the following information: Net income $260,000 ROA 12% Interest expense $98,800 Accounts payable and accruals $1,000,000 Broward's tax rate is 35%. 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. Required:
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.

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Broward Manufacturing recently reported the following information: Net income $260,000 ROA 12% Inter...