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| Teaching Since: | May 2017 |
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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Suppose Sonaiya Development Group is considering a project that will require $250,000 in assets. ❢ The project is expected to produce an EBIT of $45,000. ❢ The project will be financed with 100% equity. ❢ Common equity outstanding will be 30,000 shares. ❢ The company faces a tax rate of 35%. What is the ROE?
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