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Humphrey Hotels' operating income (EBIT) is $40 million. The company's times interest earned (TIE) ratio is 8.0, its tax rate is 40%, and its basic
Humphrey Hotels' operating income (EBIT) is $40 million. The company's times interest earned (TIE) ratio is 8.0, its tax rate is 40%, and its
basic earning power (BEP) ratio is 10%. What is the company's return on assets (ROA)?
basic earning power (BEP) ratio is 10%. What is the company's return on assets (ROA)?
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Return on Assets ROA is a measure of a companys profitability relative to its total assets It is cal...
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
