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Business, 10.12.2019 01:31 Luchi8115

Galaxy inc. has a tax burden ratio of .75, an interest burden of .6, a leverage ratio of 1.25, and a return on sales of 10%. this year the firm makes $2.40 in sales per dollar of assets. what is the firm's roe?
a. 15%
b. 11.5%
c. 13.5%
d. 20%

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Galaxy inc. has a tax burden ratio of .75, an interest burden of .6, a leverage ratio of 1.25, and a...

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