An analyst gathers the following information about a company:
- ROE: 15%
- Interest burden: 0.85
- EBIT margin: 30%
- Total asset turnover: 1.1
- Financial leverage: 1.25
The company's average tax rate is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following information about a company:
ROE: 15%
Interest burden: 0.85
EBIT margin: 30%
Total asset turnover: 1.1
Financial leverage: 1.25
The company's average tax rate is closest to:
