Question
Carroll, Inc., has a total debt ratio of .56, total debt of $316,000, and net income of $38,500. What is the companys total assets?(Do not
Carroll, Inc., has a total debt ratio of .56, total debt of $316,000, and net income of $38,500. What is the companys total assets?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Total assets $ What is the companys total equity?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Total equity $ What is the companys return on equity?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on equity %
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