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27-05-2023
Business

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M&MX just reported the following financial information:
Net income
Return on Assets
Interest expense
Seven Hundred and Fifty Thousand
Six percent
Two Hundred and Ten Thousand

Given that the prevailing tax rate is 35%, determine M&MX's basic earning power (BEP)? Select one:
a. 7.25% b. 11.23% c. 9.72% d. 8.47% e. 10.91%

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