Extended du pont equation
Midwest Lumber had a profit margin of 5.1%, a total assets turnover of 1.6, and an equity multiplier of 1.8. What was the firm's ROE using the Extended Du Pont Equation?
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Little Books Inc. recently reported $14 million of net income. Its EBIT was $25.2 million, and its tax rate was 30%. What was its interest expense?
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