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3. Gales Appliances has a return-on-assets (investment) ratio of 19 percent a. I the debi-to-tota-assets ratio is 20 percent, what is the return on equity?
3. Gales Appliances has a return-on-assets (investment) ratio of 19 percent a. I the debi-to-tota-assets ratio is 20 percent, what is the return on equity? (input your answer as a percent rounded to Return on equity b. If the tirm had no debt what he return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.) Return on equity % I eBook & Resources
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