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X-1 Corp's total assets at the end of last year were $505,000 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 $505,000 and its EBIT was $52,500. What was its basic earning power (BEP) ratio?

a. 9.42%
b. 10.40%
c. 13.86%
d. 7.80%
e. 5.20%

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