Question
A firm has an effective tax rate of 10% an interest coverage ratio of 6.2 an EBIT (earnings before interest and taxes) margin of 42%
A firm has an effective tax rate of 10% an interest coverage ratio of 6.2 an EBIT (earnings before interest and taxes) margin of 42% total asset turnover of 0.43 financial leverage of 1.9 What is the firms return on equity?
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Multinational Financial Management
Authors: R M Srivastava
1st Edition
8174466703, 9788174466709
