BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income ROA Interest expense $265,000 7% 98,050 Accounts payable and accruals $950,000 Broward's tax rate is 35%. Broward frances 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. Calculate its basic earning power (BEP), its return on equity (ROE), and its return on invested capital (RO1C). Round your answers to two decimal places. BEP ROE 46 ROIC Click here to read the eBook: Market Value Ratios M/B AND SHARE PRICE You are given the following information: Stockholders' equity as reported on the firm's balance sheet $4 bilion, price/earnings ratio 19.5, common shares outstanding = 78 million, and market/book ratio-1.6. Calculate the price of a share of the company's common stock, Round your inswer to the nearest cent