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Confu Inc. expects to have the following data during the coming year. What is the firm's expected ROE? Interest rate 8% Capital Debt/Capital, book value

Confu Inc. expects to have the following data during the coming year. What is the firm's expected ROE? Interest rate 8% Capital Debt/Capital, book value EBIT $150,000 65% $25,000 Tax rate 25% Select one: a. 18.67% O b. 23.83% C. 21.62% d. 24.57% e. 21.13%

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