Nvidia Company has $12 million of sales and $1.2 million of net income. Its total assets are $8 million. The company's total assets equal total
Nvidia Company has $12 million of sales and $1.2 million of net income. Its total assets are $8 million. The company's total assets equal total invested capital, and its capital consists of 45% debt and 55% common equity. The firm's interest rate is 10% and its tax rate is 40%. Question 11 (3.33 points) Saved What is Nvidia Company's return on equity (ROE)? O 27.27% O 45.45% 33.33% O 15.00%
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