A firm has an ROE of 4.1%, a debt-to-equity ratio of 0.9, and a tax rate...
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A firm has an ROE of 4.1%, a debt-to-equity ratio of 0.9, and a tax rate of 21% and pays an interest rate of 5% on its debt. What is its operating ROA? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. ROA 2.15% A firm has an ROE of 4.1%, a debt-to-equity ratio of 0.9, and a tax rate of 21% and pays an interest rate of 5% on its debt. What is its operating ROA? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. ROA 2.15%
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