Broward Manufacturing recently reported the following information:Net income                                 $615,000ROA                                             10%Interest expense                          $202,950Accounts payable and accruals   $950,000Broward’s tax rate is 30%. Broward finances with only debt and common equity, so it hasno preferred stock. 40% of its total invested capital is debt, and 60% of its total investedcapital is common equity. Calculate its basic earning power (BEP), its return on equity(ROE), and its return on invested capital (ROIC).

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Q: what is its WACC

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