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Selected financial data at the end of this year for Safford Company are given below: Total assets $ 5 , 4 0 0 , 0
Selected financial data at the end of this year for Safford Company are given below:
Total assets $
Longterm debt interest rate $
Total stockholders equity $
Interest paid on longterm debt $
Net income $
Total assets at the beginning of the year were $; total stockholders equity was $ The companys tax rate is
Required:
Compute the return on total assets.
Note: Round your percentage answer to decimal place ie should be entered as
Compute the return on equity.
Note: Round your percentage answer to decimal place ie should be entered as
Is financial leverage positive or negative?
It was answered before and the numbers came out wrong the ones the solution gave me were and and they came out wrong so if you get those numbers is may be wrong
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