X-1 Corp's total assets at the end of last year were $365,000 and its EBIT was $52,500.What was its basic earning power (BEP)ratio?
A) 14.10%
B) 14.67%
C) 17.40%
D) 13.23%
E) 14.38%

Question

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The Answer of X-1 Corp's total assets at the end of last year were $365,000 and its EBIT was $52,500.What was its basic earning power (BEP)ratio?
A) 14.10%
B) 14.67%
C) 17.40%
D) 13.23%
E) 14.38%

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