Attempts $$ Keep the Highest $\frac{0.}{3}$

$6.$ Problem $4\mathrm{.}09($BEP$,$ ROE, and ROIC$)$

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Broward Manufacturing recently reported the following information:

Net income

ROA

$$237,000$

Interest expense

$8\%$

$$85,320$

$$950,000$

Accounts payable and accruals

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: $\%$

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