Blue Fire, Inc., has sales of $30 million, total assets of $52 million, and total debt...
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Blue Fire, Inc., has sales of $30 million, total assets of $52 million, and total debt of $12 million. If the ROA is 7.5 percent, what is the ROE? Blue Fire, Inc., has sales of $30 million, total assets of $52 million, and total debt of $12 million. If the ROA is 7.5 percent, what is the ROE?
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Answer rating: 100% (QA)
To calculate the return on equity ROE we need to use the formula ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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