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

question 39

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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.


Definitions:

Co-Sleeping

A practice where parents and infants sleep in close physical proximity to each other, typically in the same bed or room.

Slow-Wave Sleep

A deep stage of sleep characterized by low frequency, high amplitude brain waves, important for memory consolidation and recovery.

REM Sleep

REM sleep, or Rapid Eye Movement sleep, is a unique phase of sleep characterized by rapid movements of the eyes, low muscle tone, and vivid dreams. It is considered critical for emotional regulation and memory consolidation.

Slow-Wave Sleep

A deep stage of sleep characterized by slow brain waves, where the body recovers and regenerates tissues, strengthens the immune system, and builds energy for the next day.

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