Calculate its basic earning power bep its return on equity


BEP, ROE, and ROIC Duval Manufacturing recently reported the following information Net income $280,000 ROA 12% Interest expense $103,600 Accounts payable and accruals $1,050,000 Duval's tax rate is 40%. Duval finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, while 60% of its total invested capital is common equity. Calculate its basic earning power (BEP), its return on equity (ROE), and its return on invested capital (ROIC) Round your answers to two decimal places.

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Financial Management: Calculate its basic earning power bep its return on equity
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