Hernandez Corporation Expects to Have the Following Data During the Coming

Multiple Choice

Hernandez Corporation expects to have the following data during the coming year.What is Hernandez's expected ROE? $\begin{array}{lc}\text { Assets } & \$ 200,000 \text { Interest rate }&8\% \\\text { D/A } & 65 \% \text { Tax rate } &25\%\\\text { EB IT } & \$ 25,000\end{array}$

A) 15.64%
B) 16.43%
C) 17.25%
D) 18.11%
E) 19.01%