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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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