Question
Company X and Company Y have debt to total asset ratios of 39 percent and 53 percent and returns on total assets of 12 percent
Company X and Company Y have debt to total asset ratios of 39 percent and 53 percent and returns on total assets of 12 percent and 10 percent, respectively. Calculate, compare and comment on their return on equity.
How i do get the number 65? please
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
