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Duval Manufacturing recently reported the following information: Net income $310,000 ROA 15.50% Interest expense $140,000 Duvals tax rate is 41.0%. What is its basic earning
Duval Manufacturing recently reported the following information: Net income $310,000 ROA 15.50% Interest expense $140,000 Duvals tax rate is 41.0%. What is its basic earning power (BEP) ratio?
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