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Assignment: Chapter 4 Knowledge Test Assignment Score: 67.31% Save Submit Assignment for Grading Questions Problem 4.09 (BEP, ROE, and ROIC) + Question 15 of 31

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Assignment: Chapter 4 Knowledge Test Assignment Score: 67.31% Save Submit Assignment for Grading Questions Problem 4.09 (BEP, ROE, and ROIC) + Question 15 of 31 13. Check My Work 14. 15. eBook Problem Walk-Through 16. Broward Manufacturing recently reported the following information: 17. Net income $309,000 18. ROA 10% 19. Interest expense $123,600 20. 21. Accounts payable and accruals $1,050,000 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). Do not round intermediate calculations. Round your answers to two decimal places. 22. 23. BEP: % 24. ROE: % 25. ROIC: %

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