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Firm A and Firm B have debttotal asset ratios of 35 percent and 25 percent and returns on total assets of 9 percent and 13
Firm A and Firm B have debttotal asset ratios of 35 percent and 25 percent and returns on total assets of 9 percent and 13 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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