Iron Gate Inc. has: Return on Assets (ROA): 7.2%, Debt-Equity Ratio: 1.5 What is the ROE?

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A: Step 1: Definition of Net PayNet pay is the amount of money an employee takes home after all…

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A: Interest = Principal * Rate * TimeInterest = 20,000*5.5%*(150/360)Interest = $458.33 Maturity Value…

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A: Step 1: Definition of Weighted Average MethodThe Weighted Average Method is used in cost accounting…

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A: The debt-to-equity ratio is calculated using the following formula:Debt-to-Equity Ratio=Total…

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A: Correct Answer: Not listed,  15.50%.

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