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Posted on Jul 30, 2024

Firm A and Firm B have debt / total asset ratios of 34 percent and 24 percent and return on total assets of 10 percent

Firm A and Firm B have debt / total asset ratios of 34 percent and 24 percent and return on total assets of 10 percent and 15 percent, respectively.

What is the return on equity for Firm A and Firm B?

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