Question
A company has a debt-to-equity ratio of 1.5 and a return on equity (ROE) of 10%. Calculate the return on assets (ROA) and the debt-to-assets
A company has a debt-to-equity ratio of 1.5 and a return on equity (ROE) of 10%. Calculate the return on assets (ROA) and the debt-to-assets ratio.
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
5th Canadian edition
9781259105692, 978-1259103285
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