Broward Manufacturing recently reported the following information:

Net income	$290,000
ROA	12%
Interest expense	$113,100
Accounts payable and accruals	$1,000,000

Broward's tax rate is 40%. Broward finances 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 (ROIC).

WHAT IS BEP ROE AND ROIC