Question
(Fin.Stmts_Ratios) What is a firms operating income (EBIT) in % of assets if its ROA is 7.7%, tax rate is 23.7%, and interest expense is
(Fin.Stmts_Ratios) What is a firms operating income (EBIT) in % of assets if its ROA is 7.7%, tax rate is 23.7%, and interest expense is 4.3% of assets? Round to the nearest 0.1%, drop the % symbol. E.g., if your answer is 15.65%, record it as 15.7
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Public Finance Theory And Practice
Authors: M. Marlow
1st Edition
0030969603, 978-0030969607
