zarahanis02 zarahanis02

15-01-2024
Business

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A firm has an ROE of 4%, a debt-to-equity ratio of 0.9, and a tax rate of 35% and pays an interest rate of 7% on its debt. What is its operating ROA?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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Please help This is due in an hour