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Problem 14-14 A firm has a tax burden ratio of 75, a leverage ratio of 1.25, an interest burden of 6, and a return on
Problem 14-14 A firm has a tax burden ratio of 75, a leverage ratio of 1.25, an interest burden of 6, and a return on sales of 10%. The firm generates $2.40 in sales per dollar of assets. What is the firm's ROE? (Do not round intermediate calculations.Round your answer to 1 decimal place.) ROE % Problem 14-1 Use the following financial statements of Heifer Sports Inc. in Table 14.14 to find Heifer's: (Use 365 days a year. Round all answers to 2 decimal places except S amounts.) $ a. Inventory turnover ratio in 2012 b. Debt/equity ratio in 2012 c. Cash flow from operating activities in 2012 d. Average collection period. e. Asset turnover ratio f. Interest coverage ratio. g Operating profit margin h. Return on equity i Compound leverage ratio k. Net cash provided by operating activities
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