Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 11,000 Accounts payable 16.000 6,000 Marketable securities 2.000 Notes payable 22,000 Accounts receivable Inventory 3,000 Current liabilities 41,000 Long-term debt 57,000 Total liabilities 95,000 Current assets 117,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 34.000 114,000 Equity 54,000 Fixed assets Total assets 171,000 Total liab. & equity 171,000 Line item Value Sales 81,000 - Operating expenses 66.420 - Depreciation 2.000 = EBIT 12.580 - Interest 800 = Taxable income 11.780 - Taxes 3,887 = Net income 7,893 Part 1 Attempt 1/3 for 10 pts What is the basic earning power ratio? 3+ decimals Submit About