Need business and finance help to Calculate ROE

Jan 6th, 2016
SKTFaker
Category:
Business & Finance
Price: $5 USD

Question description

Net income - 640000

ROA - 8%

Interest Exp - 192000

Accounts payable and acrruals - 950000

Tax Rate - 35%

This company only finances with debt and common equity, so no preferred stock

40% of total invested capital is debt and 60% common equity. what is its

A)BEP

B)ROE

C)ROIC


Tutor Answer

(Top Tutor) Daniel C.
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School: Duke University
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