Question
If ROA (return on assets) = 5% and if ROE (return on equity) = 47%, what is the firm's debt ratio (i.e., Debt/Total assets). Assume,
If ROA (return on assets) = 5% and if ROE (return on equity) = 47%, what is the firm's debt ratio (i.e., Debt/Total assets). Assume, as always, that the balance sheet identity equation holds.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
