Entrepreneurial Finance
Entrepreneurial Finance
6th Edition
ISBN: 9781337635653
Author: Leach
Publisher: Cengage
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Financial Accounting: Return on assets A company borrows $0.70 for every $1 of equity. They earn $0.25 in profit for every $1 of equity in the firm. What is the firm's return on assets (ROA)?
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Transcribed Image Text:Financial Accounting: Return on assets A company borrows $0.70 for every $1 of equity. They earn $0.25 in profit for every $1 of equity in the firm. What is the firm's return on assets (ROA)?
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Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
Publisher:Cengage
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