Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE? (Show your work) Assets = $200,000 D/A = 65% EBIT = $25,000 Interest rate = 8% Tax rate = 40%
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Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE? (Show your work)
Assets = $200,000
D/A = 65%
EBIT = $25,000
Interest rate = 8%
Tax rate = 40%
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