Shao Electronics has total assets of $550 million and stockholders equity of $330 million. It has total

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Shao Electronics has total assets of $550 million and stockholder’s equity of $330 million. It has total debt of $220 million. ROA is 11.3 percent. What is the ROE for this company?

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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Question Posted: Dec 27, 2023 05:25 AM

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Shao Electronics has net assets of $550 million and stockholder's equity of $330 million. It has total debt of $225 million. ROA is 11.3 percent. What is the ROE for this company?
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Shao Electronics has total assets of $550 million and stockholders equity of $330 million. It has total

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ROE ROA x Leverage ...View the full answer

Investments Analysis And Management

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