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Question 8 of 8 Blooms Ltd. management recently reported adhering to a target capital structure. The company has the following target: a debt ratio
Question 8 of 8 Blooms Ltd. management recently reported adhering to a target capital structure. The company has the following target: a debt ratio of 50%. The book debt ratio is however 20% on total assets of R1 million. If the company recently had net profits of R50 000, what was is the company's ROE? A. 10.00% B. 5.15% C. 12.25% D. 6.25%
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Understanding financial statements
Authors: Lyn M. Fraser, Aileen Ormiston
9th Edition
136086241, 978-0136086246
