X-1 Corp's total assets at the end of last year were $490,000 and its EBIT was 52,500.What was its basic earning power (BEP)ratio?
A) 13.07%
B) 10.29%
C) 11.57%
D) 12.86%
E) 10.71%

Question

Quizplus · Accepted Answer

The Answer of X-1 Corp's total assets at the end of last year were $490,000 and its EBIT was 52,500.What was its basic earning power (BEP)ratio?
A) 13.07%
B) 10.29%
C) 11.57%
D) 12.86%
E) 10.71%

X-1 Corp's Total Assets at the End of Last Year