Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, calculate the firm's Basic Earning Power ratio.

Round the answers to two decimal places in percentage form.(Write the percentage sign in the "units" box).

Balance Sheet December 31, 2014

Cash and marketable securities$132,000Accounts payable$399,000Accounts receivable$311,000Notes payable$98,500Inventories$512,000Accrued expenses$89,300Prepaid expenses$11,300Total current liabilities$586,800Total current assets$966,300Long-term debt$799,400Gross fixed assets$2,104,000Par value and paid-in-capital$298,000Less: accumulated depreciation$398,000Retained Earnings$988,100Net fixed assets$1,706,000Common Equity1,286,100Total assets$2,672,300Total liabilities and owner's equity$2,672,300

Income Statement, Year of 2014

Net sales (all credit)$4,276,600.00Less: Cost of goods sold$3,292,982.00Selling and administrative expenses$349,000.00Depreciation expense$148,000.00EBIT$486,618.00Interest expense$49,600.00Earnings before taxes$437,018.00Income taxes$174,807.20Net income$262,210.80