Vu Enterprises expects to have the following data during the coming year. What is Vu's expected ROE? Assets $200,000 Interest rate 8%
D/A 65% Tax rate 40%
EBIT $25,000
A) 12.51%
B) 13.14%
C) 13.80%
D) 14.49%
E) 15.21%
Correct Answer:
Verified
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