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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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