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Fenix International had the following account balances at the end of last year. Sales $5,000 EBIT $500 EBT $325 Net income $250 Total assets $3,500
Fenix International had the following account balances at the end of last year. Sales $5,000 EBIT $500 EBT $325 Net income $250 Total assets $3,500 Retained Earnings $1,500. Based on this information, determine what the basic earning power (BEP) ratio should be for the company.
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