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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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