4-9. BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $615,000 ROA 10% Interest expense $202,950 Accounts payable and accruals $950,000 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). 4-10. M/B, SHARE PRICE, AND EV/EBITDA You are given the following information: Stockholders' equity as reported on the firm's balance sheet =$6.5 billion, price/earnings ratio =9, common shares outstanding =180 million, and market/book ratio =2.0. The firm's market value of total debt is $7 billion, the firm has cash and equivalents totaling $250 million, and the firm's EBITDA equals $2 billion. What is the price of a share of the company's common stock? What is the firm's EV/EBITDA