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X-1 Corp's total assets at the end of last year were $340,000 and its EBIT...

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Finance

X-1 Corp's total assets at the end of last year were $340,000 and its EBIT was $55,000. What was its basic earning power (BEP) ratio?

a. 21.57%
b. 12.13%
c. 13.92%
d. 16.18%
e. 8.09%

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