Multiple Choice
The tax burden of the firm is .4, the interest burden is 0.65, the return on sales is 0.05, the asset turnover is 0.90, and the leverage ratio is 1.35. What is the ROE of the firm?
A) 1.58%
B) 5.68%
C) 12.20%
D) 13.33%
Correct Answer:
Verified
Correct Answer:
Verified
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