Chad24431 Chad24431

22-05-2024
Business

Answered

A firm has a ROA of 14%, a debt/equity ratio of 0.8, a tax rate of 35%, and the interest rate on the debt is 10%. The firm's ROE is ____.
A. 11.18%
B. 8.97%
C. 11.54%
D. 12.62%

Answer :

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