Business
Business, 25.01.2020 06:31, gloria457

Afirm has an roe of 3%, a debt/equity ratio of .5. a tax rate of 35%, and pays an interest rate of 6% on its debt. what is its operating roa? roe= [1 - tax rate] (roa + roa - interest rate) debt/ equit]can someone show me the step by step algerbic explanation ?

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Afirm has an roe of 3%, a debt/equity ratio of .5. a tax rate of 35%, and pays an interest rate of 6...

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