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3. ROA, ROE and Financial Leverage (18 points): The following data pertain to the Apple, Orange and Pear companies: Orange -15% Pear -8% Return on

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3. ROA, ROE and Financial Leverage (18 points): The following data pertain to the Apple, Orange and Pear companies: Orange -15% Pear -8% Return on Equity - ROE Return on Assets - ROA Average Total Stockholders' Equity Apple 12% 8% 100,000 -90,000 125,000 d. Apple's average interest rate of its total liabilities is: (circle the correct answer and explain your answer): A. B. C. Over 12% Between 8% and 12% Below 8% Cannot be inferred without additional information D

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