Question

BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $625,000 ROA 6%...

BEP, ROE, AND ROIC

Broward Manufacturing recently reported the following information:

Net income $625,000
ROA 6%
Interest expense $237,500
Accounts payable and accruals $950,000

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 %
Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
BEP, ROE, AND ROIC - Broward Manufacturing recently reported the following information: Net income $790,000 ROA...
BEP, ROE, AND ROIC - Broward Manufacturing recently reported the following information: Net income $790,000 ROA 8% Interest expense $268,600 Accounts payable and accruals $950,000 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)....
BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $325,000 ROA 10%...
BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $325,000 ROA 10% Interest expense $126,750 Accounts payable and accruals $950,000 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 $615,000 ROA 10%...
BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $615,000 ROA 10% Interest expense $202,950 Accounts payable and accruals $950,000 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, 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).
Broward Manufacturing recently reported the following information: Net income $760,000 ROA 12% Interest expense $250,800 Accounts...
Broward Manufacturing recently reported the following information: Net income $760,000 ROA 12% Interest expense $250,800 Accounts payable and accruals $950,000 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). Do not round intermediate calculations....
Broward Manufacturing recently reported the following information: Net income $738,000 ROA 8% Interest expense $228,780 Accounts...
Broward Manufacturing recently reported the following information: Net income $738,000 ROA 8% Interest expense $228,780 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 $417,000 ROA 8% Interest expense $133,440 Accounts...
Broward Manufacturing recently reported the following information: Net income $417,000 ROA 8% Interest expense $133,440 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 $570,000 ROA 9% Interest expense $199,500 Accounts...
Broward Manufacturing recently reported the following information: Net income $570,000 ROA 9% Interest expense $199,500 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 two...
eBook Problem Walk-Through Broward Manufacturing recently reported the following information: Net income $693,000 ROA 8% Interest...
eBook Problem Walk-Through Broward Manufacturing recently reported the following information: Net income $693,000 ROA 8% Interest expense $270,270 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...
9.  Problem 4.09 Click here to read the eBook: Profitability Ratios BEP, ROE, AND ROIC Broward Manufacturing...
9.  Problem 4.09 Click here to read the eBook: Profitability Ratios BEP, ROE, AND ROIC Broward Manufacturing recently reported the following information: Net income $430,000 ROA 10% Interest expense $154,800 Accounts payable and accruals $1,000,000 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...
Broward Manufacturing recently reported the following information: Net income $785,000 ROA 10% Interest expense $251,200 Accounts...
Broward Manufacturing recently reported the following information: Net income $785,000 ROA 10% Interest expense $251,200 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). Do not round intermediate calculations....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT