4-7 ROE AND ROIC Hilyard Industries's net income is $25,00, its interest expense is $5,000...
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4-7 ROE AND ROIC Hilyard Industries's net income is $25,00, its interest expense is $5,000 and its tax rate is 40%. Its notes payable equals S25,000, long-term debt equals $75,000, and has mon equity equals $250,000 The firm finances with only debt and common equity, so it has no preferred stock. What are the firm's ROE and RO
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