Not Answered Question Workspace Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accruals) of $100,000. Duffert finances using only long-term debt and common equity. The interest rate on its debt is 7% and its tax rate is 40%. The firm's basic earning power ratio is 15% and its debt-to capital rate is 40%. What are Duffert's ROE and ROIC

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect will happen to the amount of output martha will produce and the amount of profit she will have? martha's output and profits will both decrease. martha's output will decrease, but her profits will increase. martha's output and profits will both increase. martha's output will increase but her profits will decrease.