Question
Zara reports total revenue of $200,000, cost of goods sold of $20,00 and its earnings before interest is $150,000. Its total assets are $300,000
Zara reports total revenue of $200,000, cost of goods sold of $20,00 and its earnings before interest is $150,000. Its total assets are $300,000 and the owners invest $175,000? What is the Return on Financial leverage of Zara?
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
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