Question
A firm has an ROE of 6%, a debt/equity ratio of 0.7, a tax rate of 35%, and pays an interest rate of 6% on
A firm has an ROE of 6%, a debt/equity ratio of 0.7, a tax rate of 35%, and pays an interest rate of 6% on its debt. What is its operating ROA? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
ROA:
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Asset Allocation Strategies For Mutual Funds Evaluating Performance Risk And Return
Authors: Giuseppe Galloppo
1st Edition
3030761274,3030761282
