The Jacks corporation reported the following: i. Net income $ 840,000.00 ii. Accounts payable and accruals $1,270,650.00 iii. Interest expense $ 305,000.00 iv. Return on asset 16% v. Tax rate 30% As the companys business analyst, you know that Jacks finances only with debt and equity. 45% of its total invested capital is debt. Calculate and interpret the basic earnings power ratio, the return on equity, and the return on invested capital.

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