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Firm A and Firm B have debttotal asset ratios of 26 percent and 16 percent and returns on total assets of 7 percent and 12

Firm A and Firm B have debttotal asset ratios of 26 percent and 16 percent and returns on total assets of 7 percent and 12 percent, respectively.

What is the return on equity for Firm A and Firm B? (Do not round intermediate calculations and 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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