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Firm A and Firm B have debt-total asset ratios of 29 percent and 19 percent, respectively, and returns on total assets of 6 percent and
Firm A and Firm B have debt-total asset ratios of 29 percent and 19 percent, respectively, and returns on total assets of 6 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.) |
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