Chambliss Corp.'s total assets at the end of last year were $305,000 and its EBIT was 62,500. What was its basic earning power (BEP)? a. 22.59% b. 20.49% c. 19.47% d. 21.52% solutionspile.com

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Chambliss Corp.'s total assets at the end of last year were $305,000 and its EBIT was 62,500. What was its basic earning power (BEP)?  a. 22.59%  b. 20.49%  c. 19.47%  d. 21.52%  solutionspile.com

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