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8 The Harddrive, the technology consulting company, given its earnings before interest and tax (EBIT) is R20 000 000. The company's time interest earned (TIE)

8 The Harddrive, the technology consulting company, given its earnings before interest and tax (EBIT) is R20 000 000. The company's time interest earned (TIE) ratio is 8,0, its tax rate is 35%, and its total assets turnover ratio is 1,25 with a sales value of R800 000. What is the company's return on assets (ROA)? a. 5,63% b. 14,21% c. 22,32% d. 17,77%

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