Chambliss Corp

question 30

Multiple Choice

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) 18.49%
• B) 19.47%
• C) 20.49%
• D) 21.52%
• E) 22.59%

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Definitions:

Erectile Tissue

A type of tissue found in certain parts of the body like the penis and clitoris, which can swell with blood to produce erection.

Dilation

The process of widening, stretching, or expanding, often referring to blood vessels or pupils.

Erectile Tissue

Specialized tissue that can become engorged with blood, leading to an erection, found in the penis, clitoris, and nipples.

Veins

Blood vessels that carry blood toward the heart, typically transporting deoxygenated blood except for the pulmonary and umbilical veins.