A firm has a tax burden ratio of 085 a leverage ratio of 15, Ask an Expert

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A firm has a tax burden ratio of 0.85, a leverage ratio of 1.5, an interest burden of 0.5, and a return on sales of 8%. The firm generates $2.90 in sales per dollar of assets. What is the firm's ROE? (Do not round intermediate calculations. Omit the "%" sign in your response. Round your answer to 2 decimal places.)

ROE ____%

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Financial Management, Finance

Category:- Financial Management
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