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1) The Wilson Corporation has the following relationships: Sales/Total assets = 2; Return on total assets (ROA) = 13%; Return on common equity (ROE) =

1) The Wilson Corporation has the following relationships: Sales/Total assets = 2; Return on total assets (ROA) = 13%; Return on common equity (ROE) = 16%. What is Wilson's debt ratio?)

2)A fire has destroyed a large percentage of the financial records of the Carter Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 23%. If sales were $30,000,000, the debt ratio was 33%, and total liabilities were $15,000,000, what would be the return on assets (ROA)?

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