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Bobs Burgers has a return on assets of 8% and a debt to asset ratio of .3. What is their return on equity? A. 9.6%

Bobs Burgers has a return on assets of 8% and a debt to asset ratio of .3. What is their return on equity?

  • A. 9.6%

  • B. 11.4%

  • C. 8.4%

  • D. 10.4%

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