Question
Given the information below, calculate ROA and ROE for Andrade, Inc. ($ in millions) EBIT $120 Net Debt $175 Net Income $76.5 Shareholders Equity $347
Given the information below, calculate ROA and ROE for Andrade, Inc.
($ in millions) EBIT $120
Net Debt $175
Net Income $76.5
Shareholder’s Equity $347
Total Assets $450
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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