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A firm has a profit margin of 15% on sales of 20 million. If the firm has a debt of 7,500,000 total assets of 22,500,000
A firm has a profit margin of 15% on sales of 20 million. If the firm has a debt of 7,500,000 total assets of 22,500,000 in an after-tax interest cost on a total debt of 5%, what is the firms return on total assets
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
