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AXY Ltd has BEP (basic earning power) of 0.15 and calculated its TIE (times interest earned) to be 6. Given that it has total assets

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AXY Ltd has BEP (basic earning power) of 0.15 and calculated its TIE (times interest earned) to be 6. Given that it has total assets of equaling $100,000 and is exposed to a tax rate is 40 percent, determine AXY'S ROA (Return on assets) Select one: a. 0.3451 b. 0.15 c. 0.1324 d. 0.1235 e. 0.075

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