Question $6(1$ point$)$

Company A has sales of $$720,$ costs of $$230($not including depreciation$),$

depreciation expense of $$40,$ interest expense of $$30,$ and a tax rate of $21$ percent,

current assets of $$160,$ net fixed assets of $$1830,$ current liabilities of $$280,$ and

long$-$term debt of $$710.$ What is the return on equity? $($keep two decimal places$)$

Your Answer:

Answer