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Torres Products has $ 3 0 million of sales and $ 2 . 5 million of net income. Its total assets are $ 1 7
Torres Products has $ million of sales and $ million of net income. Its total assets are $ million.
Assume the companys total assets equal total invested capital, and its capital consists of debt and
common equity. The firms interest rate is and its tax rate is
What is the firms ROE?
a percent
b percent
c percent
d percent
e percent
What is the firms ROIC?
a percent
b percent
c percent
d percent
e None of the above is within of the correct answer
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