Question
Assume you are given the following relationships for the Warner Corporation: Sales / Total assets 2.2 Return on assets (ROA) 4.70% Return on equity (ROE)
Assume you are given the following relationships for the Warner Corporation: Sales / Total assets 2.2 Return on assets (ROA) 4.70% Return on equity (ROE) 5.95% Calculate Warners debt ratio.
| a. | 26.60% | |
| b. | 126.60% | |
| c. | 78.99% | |
| d. | 70.85% | |
| e. | 21.01% |
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Public Finance
Authors: Richard W. Tresch
2nd Edition
0126990514, 978-0126990515
