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X-1 Corp's total assets at the end of last year were $365,000 and its EBIT was $52,500. What was its basic earning power (BEP) ratio?

X-1 Corp's total assets at the end of last year were $365,000 and its EBIT was $52,500. What was its basic earning power (BEP) ratio?

a.

14.67%

b.

14.38%

c.

14.10%

d.

13.23%

e.

17.40%

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