Firm A and Firm B have debttotal asset ratios of 33 percent and 23 percent and returns
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Question:
Firm A and Firm B have debttotal asset ratios of 33 percent and 23 percent and returns on total assets of 7 percent and 10 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 | % | % |
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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