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A firm has a tax burden ratio of 0.7, a leverage ratio of 1.6, an interest burden of 0.6, and a return on sales of
A firm has a tax burden ratio of 0.7, a leverage ratio of 1.6, an interest burden of 0.6, and a return on sales of 15%. The firm generates $2.20 in sales per dollar of assets. What ROE formula answe...
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