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Firm A and B have total debt ratios of 45% and 35% and ROA of 10% and 15% . Which firm has a greater ROE?
Firm A and B have total debt ratios of
45%
and
35%
and ROA of
10%
and
15%
. Which firm has a greater ROE?\ A) Firm A with ROE of 0.23\ B) Firm B with ROE of 0.23\ C) Firm A with ROE of 0.16\ D) Firm B with ROE of 0.16\ A\ B\ C\ D
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