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A firm has an ROE of 5%, a debt/equity ratio of 0.6, a tax rate of 30%, and pays an interest rate of 5% on
A firm has an ROE of 5%, a debt/equity ratio of 0.6, a tax rate of 30%, and pays an interest rate of 5% on its debt. What is its operating ROA?
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ISE Analysis For Financial Management
Authors: Robert C. Higgins Professor, Jennifer Koski
13th International Edition
1265042632, 9781265042639
