None of the above 5 points 15. A firm had a current ratio of 2,...
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None of the above 5 points 15. A firm had a current ratio of 2, long-term debt of $31,000, total liabilities of $48,500, sales of $218,400, net profit margin of 25%, interest expense of $9,000, a tax rate of 40%, a fixed assets turnover ratio of 1.456. What was the firm's basic earning power (BEP) ratio? O 0.18 0.29 O 0.54 O 1.257 O None of the above
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