Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question

Use the following information for Smith Brothers, Inc:

EBIT / Revenue 15.00%
Government Tax Rate 35.00%
Revenue / Assets 1.80 times
Current Ratio 2.40 times
EBT / EBIT 0.80 times
Assets / Equity 1.90 times

 

Smith Brothers, Inc.'s return on assets (ROA) is closest to:


 

A.

14.04%.

B.

14.82%.

C.

24.71%.

D.

26.68%.

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