BEP, ROE, AND ROIC
Broward Manufacturing recently reported the following information:
Net income $215,000
ROA 9%
Interest expense $73,100
Accounts payable and accruals $1,000,000
Broward's tax rate is 30%. Broward 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.
BEP ￼
%
ROE ￼
%
ROIC ￼
%
BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $215,000 ROA 9%...
BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $345,000 ROA 8% Interest expense $134,550 Accounts payable and accruals $1,050,000 Broward's tax rate is 30%. Broward 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...
BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income ROA Interest expense Accounts payable and accruals $1,050,000 Broward's tax rate is 35%. Broward 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...
Broward Manufacturing recently reported the following information: Net income $570,000 ROA 8% Interest expense $216,600 Accounts payable and accruals $1,000,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 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). Do not round intermediate calculations....
Broward Manufacturing recently reported the following information: Net income $515,000 ROA 12% Interest expense $195,700 Accounts payable and accruals $1,050,000 Broward's tax rate is 40%. Broward 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...
Broward Manufacturing recently reported the following information: Net income $515,000 ROA 12% Interest expense $195,700 Accounts payable and accruals $1,050,000 Broward's tax rate is 40%. Broward 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...
Broward Manufacturing recently reported the following information: Net income $699,000 ROA 8% Interest expense $244,650 Accounts payable and accruals $950,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 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). Do not round intermediate calculations....
Broward Manufacturing recently reported the following information: Net income $579,000 ROA 8% Interest expense $173,700 Accounts payable and accruals $1,050,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 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). Do not round intermediate calculations....
Broward Manufacturing recently reported the following information: Net income $765,000 ROA 10% Interest expense $229,500 Accounts payable and accruals $1,050,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 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). Do not round intermediate calculations....
Broward Manufacturing recently reported the following information: Net income $777,000 ROA 8% Interest expense $264,180 Accounts payable and accruals $950,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 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). Do not round intermediate calculations....
Broward Manufacturing recently reported the following information: $654,000 Net income 8% ROA Interest expense $261,600 Accounts payable and accruals $1,050,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock, 40% of its total invested capital is debt, and 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). Do not round intermediate calculations,...