A firm has a tax burden of 0.7. a leverage ratio of 1.3, an interest...
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Accounting
A firm has a tax burden of 0.7. a leverage ratio of 1.3, an interest burden of .8, and a return-on-sales ratio of 10%. The firm generates $2.78 in sales per dollar of assets. What is the firm's ROE?
A. 16.6%
B. 12.4%
C. 14.5%
D. 20.2%
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