Question
If for the most recent year, a firms RNOA is 12.0%, its sales were $2,400,000, its asset turnover is 1.5, its net financial obligations (NFO)
If for the most recent year, a firms RNOA is 12.0%, its sales were $2,400,000, its asset turnover is 1.5, its net financial obligations (NFO) balance is $550,000, and its net financial expenses after tax are $16,500, what is its ROCE?
| 1. | 16.7% | |
| 2. | 29.2% | |
| 3. | 18.3% | |
| 4. | 25.1% |
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Payroll Accounting 2019
Authors: Bernard J. Bieg, Judith A. Toland
29th Edition
1337619779
