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A company recently reported EBIT margin of 18%, total asset turnover of 1.3, a financial leverage ratio of 1.5, and interest burden of 80%. Assuming
- A company recently reported EBIT margin of 18%, total asset turnover of 1.3, a financial leverage ratio of 1.5, and interest burden of 80%. Assuming an income tax rate of 30%, the company's return on equity is
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
