Question
Assume at the end of the current year, Daimler AG, reported stockholders' equity of 45,763 million and total assets of 195,518 million. Its stockholders' equity
Assume at the end of the current year, Daimler AG, reported stockholders' equity of 45,763 million and total assets of 195,518 million. Its stockholders' equity at the end of the prior year was 41,730 million. Net income in the current year was 10,490 million.
A.) Calculate Daimler's return on equity ratio for the current year. Note: Enter answer in decimal form. Round answer to one decimal place.
Answer______%
B.) Calculate Daimler's debt-to-equity ratio as of December 31 of the current year. Note: Enter answer in decimal form. Round answer to one decimal place.
Answer ______
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