Question
A firm has an ROE of 4.8%, a debt-to-equity ratio of 0.6, and a tax rate of 35% and pays an interest rate of 8%
A firm has an ROE of 4.8%, a debt-to-equity ratio of 0.6, and a tax rate of 35% and pays an interest rate of 8% on its debt. What is its operating ROA? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Essentials Of Health Care Finance
Authors: William O. Cleverley
3rd Edition
0834203413, 978-0834203419
