Keys Industries has assets of $2,100, sales of $2,960, operating costs of $2,675, and $250 of total current liabilities consisting of $200 of accruals and $50 of notes payable. Its long-term debt is $850, its common equity is $1,000, its interest charges are $125, and its tax rate is 40%. 

What is Keys' ROE? 

Answer rating: 100% (QA)

Assets 2100 Current Liabilities 250 Long term debt 85000 Equity 1000 T... View the full answer