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If the return on operating assets rooa is 7 the return on

If the return on operating assets (ROOA) is 7%, the return on net operating assets (RNOA) is 10%, net operating assets are $265, and operating liabilities are $223, what is the implicit after-tax interest rate on the operating liabilities?

The answer given is 0.034, i'm just wondering about a step by step solution.

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Finance Basics: If the return on operating assets rooa is 7 the return on

Reference No:- TGS02770056

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