Confu Inc. expects to have the following data during the coming year. What is the firm's expected ROE?
Assets ....................................$200,000........Interest rate...........8%
Debt/Assets, book value ...................65%.........Tax rate ..............40%
EBIT ......................................$25,000
a. 13.80%
b. 15.21%
c. 13.14%
d. 14.49%
e. 12.51%