Question
The company has an operating profit of 159290 euros and a net profit of 45000 euros. It is subject to a corporate income tax rate
The company has an operating profit of 159290 euros and a net profit of 45000 euros. It is subject to a corporate income tax rate of 30%. Its net financial debts amount to 750,000 euros and its equity to 750,000 euros. What is then its economic profitability (ROCE)?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
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