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Calculate the EPS, ROE and DFL based on the following data for the Rankin Co. Bonds (13%) $22 million Common Stock ($3 par) $15 million
Calculate the EPS, ROE and DFL based on the following data for the Rankin Co.
Bonds (13%) $22 million
Common Stock ($3 par) $15 million
Retained Earnings $3 million
Current EBIT $16 million
Tax rate 30 %
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
