Business, 17.03.2020 04:12 makayla7635

Duffert Industries has total assets of $1,050,000 and total current liabilities (consisting only of accounts payable and accruals) of $150,000. Duffert finances using only long-term debt and common equity. The interest rate on its debt is 9% and its tax rate is 40%. The firm's basic earning power ratio is 15% and its debt-to capital rate is 40%. What are Duffert's ROE and ROIC

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Duffert Industries has total assets of $1,050,000 and total current liabilities (consisting only of...

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