Currently it has sales of 2500000 total fixed costs of


Old XYZ Corp has total assets of $1,000,000 and a debt ratio of 30%. Currently it has sales of $2,500,000, total fixed costs of $1,000,000, and EBIT of $50,000. If XYZ pays 6% interest on debt, what is XYZ's ROE?

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Finance Basics: Currently it has sales of 2500000 total fixed costs of
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