Posted on by Judy

Thinking Investing Tikki S Torches Inc Following Information Firm Year End 2008 Net Income Q17787310

You are thinking of investing in Tikki’s Torches, Inc. You haveonly the following information on the firm at year-end 2008: netincome = $570,000, total debt = $12.7 million, debt ratio = 42%.What is Tikki’s ROE for 2008?
 
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