X-1 Corp's Total Assets at the End of Last Year

question 85

Multiple Choice

X-1 Corp's total assets at the end of last year were $405,000 and its EBIT was 52,500.What was its basic earning power (BEP) ratio?

• A)11.70%
• B)12.31%
• C)12.96%
• D)13.61%
• E)14.29%

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Definitions:

Inclusive Fitness

A concept in evolutionary biology that considers an individual's success in passing genes to the next generation, including through relatives.

Reproductive Success

The success an organism achieves in passing its genes to the next generation, often measured by the number of offspring an organism produces that survive to reproduce.

Kin Selection

Indirect selection; adaptation to the environment due to the reproductive success of an individual’s relatives.

Altruism

The behavior of an individual that benefits another at its own expense, observed in various species as a part of social interaction.