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The Harddrive, the technology consulting company, given its earnings before...
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The Harddrive, the technology consulting company, earnings before interest and tax (EBIT) is R20 000 000. The company’s time interest earned (TIE) ratio is 8,0, its tax rate is 35%, and its total assets turnover ratio is 1,25 with a sales value of R800 000. What is the company’s return on assets (ROA)?
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