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Confu Inc. expects to have the following data during the coming year. The company is small, so it is not subject to the interest deduction

Confu Inc. expects to have the following data during the coming year. The company is small, so it is not subject to the interest deduction limitation. What is the firm's expected ROE? Capital $168,000 Interest rate 8% Debt/Capital, book value 65% Tax rate 25% EBIT $29,000 a. 34.46% b. 13.92% c. 30.99% d. 25.85% e. 22.13%

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