Question
Company B's ROA is 9.1%, and its Debt-to-Equity Ratio is 0.9. Then Company B's ROE equals ______ (Round to 3 decimal places; for example, 0.063.
Company B's ROA is 9.1%, and its Debt-to-Equity Ratio is 0.9. Then Company B's ROE equals ______ (Round to 3 decimal places; for example, 0.063. Do NOT write your answer in percentages. For example, if your answer is 6.3%, you should write 0.063 in the box).
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
