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Assigment Score 6 Save Submit Assignment for Gradi e Question 18 of 20 Check My Work (3 remaining) reblem 4.14 Click here to read the eBook: Profitability Ratios Problem Walk-Through RETURN ON EQUITY charges of Pacific Packagings ROE last year was only 2%; but its management has developed a new $490,000. The firm has operating plan that calls for a debt-to-capital ratio of 40%, which will result in annual interest use preferred stock and total assets equal total invested capital. Management projects an EBIT of $t,2 a 2,000 on sales of $14,000,000, and it expects to have a round nte assets turnover ratio of 4.0 Under these conditions, te tax rate wll be 35%. If the changes are made, what ๙t be the tomorys reva on euroo eda e ao Round your answer to two decimal places Check My Work (s remaining)
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