Multiple Choice
Q Corp. has a basic earnings power (BEP) ratio of 15 percent, and has a times interest earned (TIE) ratio of 6. Total assets are $100,000. The corporate tax rate is 40 percent. What is Q Corp.'s return on assets (ROA) ?
A) 7.5%
B) 10.0%
C) 12.2%
D) 13.1%
E) 14.5%
Correct Answer:
Verified
Correct Answer:
Verified
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