Question
Firm A and Firm B have debttotal asset ratios of 34 percent and 24 percent and returns on total assets of 10 percent and 15
| Firm A and Firm B have debttotal asset ratios of 34 percent and 24 percent and returns on total assets of 10 percent and 15 percent, respectively. |
| What is the return on equity for Firm A and Firm B?(Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) |
| Firm A | Firm B | |
| Return on equity | % | % |
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
