Question
If for the most recent year, a firms ROCE is 25.0%, its sales were $1,500,000, its asset turnover is 2.5, its Shareholders Equity balance is
If for the most recent year, a firms ROCE is 25.0%, its sales were $1,500,000, its asset turnover is 2.5, its Shareholders Equity balance is $250,000, and its net cost of borrowing after tax (NBC) is 4%, what is its RNOA?
| 1. | 5.7% | |
| 2. | 8.1% | |
| 3. | 10.4% | |
| 4. | 8.8% |
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Payroll Accounting 2019
Authors: Bernard J. Bieg, Judith A. Toland
29th Edition
1337619779
