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Business, 06.08.2019 00:10 phancharamachasm

Afirm has an roe of 5%, a debt-to-equity ratio of 0.8, and a tax rate of 35% and pays an interest rate of 8% on its debt. what is its operating roa? roe= [1 - tax rate] (roa + roa - interest rate) debt/ equit]

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