Question: Question 9/10 1 point In the final video, we calculated a more sophisticated version of Return on Assets (ROA), which we defined as ROA =

Question 9/10 1 point In the final video, we calculated a more sophisticated version of Return on Assets (ROA), which we defined as ROA = [Net Income + (1 - tax rate) x Interest Expense ] / Total Assets Suppose Net Income = $1000, Total Assets = $5000, Interest Expense = $200, and the tax rate = 30%. What is ROA? O24.0% 21.2% O 16.2% Oo oo O 20.0% O 22.8% NEXT

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