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Business, 30.10.2019 04:31 genyjoannerubiera

Roland & company has a new management team that has developed an operating plan to improve upon last year's roe. the new plan would make the debt ratio 55%, which will result in interest charges of $7,000 per year. ebit is projected to be $25,000 on sales of $270,000, it expects to have a total assets turnover ratio of 3.0, and the average tax rate will be 40%. what does roland & company expect its roe to be?

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