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What is the ROE for firm L? Firm L Assets $2000 Debt $800 Interest rate 8% EBIT $900 Tax 40% a.41.80% b.37.00% c.22.20% d.25.08% e.45.00%

What is the ROE for firm L?

Firm L

Assets $2000

Debt $800

Interest rate 8%

EBIT $900

Tax 40%

a.41.80%

b.37.00%

c.22.20%

d.25.08%

e.45.00%

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