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Business, 25.02.2021 19:40 jaqsway34

Duffert Industries has total assets of $940,000 and total current liabilities (consisting only of accounts payable and accruals) of $130,000. Duffert finances using only long-term debt and common equity. The interest rate on its debt is 8% and its tax rate is 40%. The firm's basic earning power ratio is 14% and its debt-to capital rate is 40%. What are Duffert's ROE and ROIC? Do not round your intermediate calculations. Question 14 options: 9.72%; 8.29% 11.81%; 9.07% 13.75%; 9.46% 14.95%; 9.75% 17.49%; 10.82%

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