$3$

TB MC Qu$.14-06($Algo$)$ A firm has a tax burden of$...$

A firm has a tax burden of $0\mathrm{.}7,$ a leverage ratio of $1\mathrm{.}7,$ an interest burden of $0\mathrm{.}9,$ and a return$-$on$-$sales ratio of $11\%.$ The firm generates $$2\mathrm{.}58$ in sales per

$2$

dollar of assets. What is the firm's ROE?

points

$00$:$59$:$32$

Multiple Choice

$17\mathrm{.}9\%$

$8\mathrm{.}5\%$

$25\mathrm{.}5\%$

$30\mathrm{.}4\%$