What is the firm roe

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A firm has a tax burden of .7, a leverage ratio of 1.3, an interest burden of .8, and a return-on-sales ratio of 10%. The firm generates $2.28 in sales per dollar of assets. What is the firm's ROE?

  • 12.4%
  • 17.8%
  • 16.6%
  • 14.5%

Reference no: EM131077570

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