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johndoris johndoris
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11 months ago
The basic earning power ratio (BEP) reflects the earning power of the firm’s assets inclusive of the effects of leverage and taxes. Therefore, this ratio measures the net earning power of the firm reflecting the magnitude of the leverage employed.


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Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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KocojdaKocojda
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11 months ago
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You make an excellent tutor!
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Helped a lot
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