Firm A and Firm B have debt-total asset ratios of 29% and 19% and returns on total assets of 6% and 12%, respectively. What is
| Firm A and Firm B have debt-total asset ratios of 29% and 19% and returns on total assets of 6% and 12%, respectively. |
| What is the return on equity for Firm A and Firm B? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Firm A | Firm B | |
| Return on equity | % | % |
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Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
1403947635, 978-1403947635
