The lighting store has sales of 364000 depreciation of


The Lighting Store has sales of $364,000, depreciation of $28,000, and taxable income of $58,000. The capital intensity ratio is 1.2, the debt-equity ratio is 0.45, and the tax rate is 34%. What is the return on assets?

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Finance Basics: The lighting store has sales of 364000 depreciation of
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