Broward manufacturing recently reported the following information: net income $264,000 roa 8% interest expense $97,680 accounts payable and accruals $1,000,000 broward's tax rate is 25%. broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 60% of its total invested capital is common equity. calculate its basic earning power (bep), its return on equity (roe), and its return on invested capital (roic). do not round intermediate calculations. round your answers to two decimal places.

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.