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Intro Candy Games Inc. expects the following numbers for next year: .Sales: $60,000,000 Costs: $40,000,000 (excluding depreciation) Depreciation: $5,000,000 Interest: 2,000,000 Tax rate: 28%
Intro Candy Games Inc. expects the following numbers for next year: .Sales: $60,000,000 Costs: $40,000,000 (excluding depreciation) Depreciation: $5,000,000 Interest: 2,000,000 Tax rate: 28% . Total assets: $111,000,000 Debt-to-equity ratio: 2 Part 1 What is the expected return on equity? 3+ decimals Submit BAttempt 2/10 for 10 pts.
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