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GraLuc, Inc. has $2,000,000 in total assets. The company is expecting an EBIT of $200,000 next year. The company's structure consists of 1, 200,000 of
GraLuc, Inc. has $2,000,000 in total assets. The company is expecting an EBIT of $200,000 next year. The company's structure consists of 1, 200,000 of long-term debt with a 10% coupon and 80,000 share of common stock with a $10 par value. The tax rate is 25%. What is the company's return on Equity? 3.8% 7.5% 25.0% 75.0%
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