If for the most recent year, a firm's RNOA is 12.0%, its sales were $2,400,000, its asset turnover is 1.5, its net financial obligations (NFO) balance is $550,000, and its net financial expenses after tax are $16,500, what is its ROCE? 1. 16.7% 2.29.2% 3.18.3%

If for the most recent year, a firm's RNOA is 12.0%, its sales were $2,400,000, its asset turnover is 1.5, its net financial obligations (NFO) balance is $550,000, and its net financial expenses after tax are $16,500, what is its ROCE? 1. 16.7% 2.29.2% 3.18.3%

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter7: Stocks (equity) - Characterstics And Valuation

Section: Chapter Questions

Problem 19PROB

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Question

If for the most recent year, a firm's RNOA is
12.0%, its sales were $2,400,000, its asset
turnover is 1.5, its net financial obligations
(NFO) balance is $550,000, and its net
financial expenses after tax are $16,500, what
is its ROCE?
1.16.7%
2.29.2%
3.18.3%
4.25.1%

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