You are considering investing in Nuran Security Services. You have been able to locate the following information
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Question:
You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $18 million, dividend is 0.8 million, retention ratio is 60%, and debt-to-equity ratio is 1.5 times.
Calculate the ROE
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Posted Date: