Question

Use the following information to solve for ROE. Your answer should be entered as a percent....

Use the following information to solve for ROE. Your answer should be entered as a percent. For example 7.31% should be entered as 7.31. Include two decimals and a negative if appropriate

Current Assets are $61, net fixed assets are $166, total common equity is $177

Revenue is $164, total operating expenses are $98, depreciation expense is $38

Interest expense is $43 and taxes are $23

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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.


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