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Use the following information for Menards EBIT / Revenue 15.00% Government Tax Rate 35.00% Revenue / Assets 1.80 times Current Ratio 2.40 times EBT /
Use the following information for Menards
| EBIT / Revenue | 15.00% |
| Government Tax Rate | 35.00% |
| Revenue / Assets | 1.80 times |
| Current Ratio | 2.40 times |
| EBT / EBIT | 0.80 times |
| Assets / Equity | 1.90 times |
Menards return on assets (ROA) is closest to:
A. 14.04%.
B. 14.82%.
C. 24.71%.
D. 26.68%.
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
