How long will take deposit to triple, given annual rate of 6% and compound monthly?

1. 10.5 years

2. 11.58 years

3. 18.36 years

4. 7.78 years

A firm only uses debt and common stock to finance its operation. Its capital structure is 30% debt and 70% Equity. It reports NI of $1.5 million and interest expense of $300,000. A firm's tax rate is 25%. Given ROA of 12%, what is its BEP?

1. 18.40%

2. 15.56%

3. 25.55%

4. 17.78%