If for the most recent year, a firm's RNOA is 17.5%, its sales were $2,000,000, its asset turnover is 2.0, its operating liability (OL) balance is $250,000, and its short-term borrowing rate (STBC) is 2.5% after tax, what is its ROOA? 1.14.5% 2.18.1% 3.18.0% 4.14.0%

If for the most recent year, a firm's RNOA is 17.5%, its sales were $2,000,000, its asset turnover is 2.0, its operating liability (OL) balance is $250,000, and its short-term borrowing rate (STBC) is 2.5% after tax, what is its ROOA? 1.14.5% 2.18.1% 3.18.0% 4.14.0%

Name: If for the most recent year, a firm's RNOA is17.5%, its sales were $2
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Description: If for the most recent year, a firm's RNOA is17.5%, its sales were $2,000,000, its assetturnover is 2.0, its operating liability (OL)balance is $250,000, and its short-termborrowing rate (STBC) is 2.5% after tax, whatis its ROOA?1.14.5%2.18.1%3.18.0

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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