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Applying the Accounting Equation and Calculating Return on Equity and Debt - to - Equity Ratio At the end of Year 2 , Alphabet, Inc.,

Applying the Accounting Equation and Calculating Return on Equity and Debt-to-Equity Ratio
At the end of Year 2, Alphabet, Inc., reported stockholders equity of $152,502 million and total assets of $197,295 million. Its balance in stockholders equity at the end of Year 1 was $139,036 million. Net income in Year 2 was $12,662 million.
a. Calculate Alphabet, Inc., return on equity ratio for Year 2.(Round your answer to one decimal place.)
Note: Enter answer as a percent. Round your answer to one decimal place.
Answer 1
%
b. Calculate its debt-to-equity ratio as of December 31, Year 2.(Hint: Apply the accounting equation to determine total liabilities.) Round your answer to one decimal place.
Note: Enter answer in decimal form. Round your answer to one decimal place.
Answer 2

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