Duffert Industries Has Total Assets of $1,080,000 and Total Current

question 39

Multiple Choice

Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accruals) of $100,000.Duffert finances using only long-term debt and common equity.The interest rate on its debt is 7% and its tax rate is 40%.The firm's basic earning power ratio is 15% and its debt-to capital rate is 40%.What are Duffert's ROE and ROIC? Do not round your intermediate calculations.

• A) 9.33%;8.23%
• B) 11.34%;8.53%
• C) 13.49%;9.62%
• D) 14.35%;9.92%
• E) 16.07%;11.01%

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Job Analysis

The process of examining a job in detail to identify its duties, requirements, and the conditions under which it is performed.

Forklift

A powered industrial truck used to lift and move materials over short distances, commonly found in warehouses and manufacturing facilities.

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The level of achievement or proficiency demonstrated by an individual in carrying out their job functions or tasks.