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BASIC EARNING POWER Duval Manufacturing recentlyreported the following information: Netincome $600,000 ROA 8% InterestRate $225,000 Duvals tax rate is 35%. What is its basic earningpower
BASIC EARNING POWER Duval Manufacturing recentlyreported the following information:
Netincome $600,000
ROA 8%
InterestRate $225,000
Duvals tax rate is 35%. What is its basic earningpower (BEP)?
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