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POWER Duval Manufacturing recently reported the following information Net income-$600,000 ROA - 8% Interest expense- $225000 Duval's tax rate is 35%....

POWER Duval Manufacturing recently reported the following information

Net income-$600,000
ROA – 8%
Interest expense- $225000


Duval’s tax rate is 35%. What is its basic earning power (BEP) ratio?
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POWER Duval Manufacturing recently reported the following information
Net income-$600,000
ROA – 8%
Interest expense- $225000
Duval’s tax rate is 35%. What is its basic earning power (BEP)...

Sign up to view the full answer

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