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Assume the following data: EBIT = 500; Interest expenses = 200; Tax = 21%; Sales = 3,000; Total assets = 1,500. Calculate the ROA (return
Assume the following data: EBIT = 500; Interest expenses = 200; Tax = 21%; Sales = 3,000; Total assets = 1,500. Calculate the ROA (return on assets). a. 26.7 percent b. 33.33 percent c. 15.8 percent d. 18.6 percent
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