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Jin's Appliances has a return - on - assets ( investment ) ratio of 1 2 percent. a . If the debt - to -
Jin's Appliances has a returnonassets investment ratio of percent.
a If the debttototalassets ratio is percent, what is the return on equity?
Note: Input your answer as a percent rounded to decimal places.
Answer is complete but not entirely correct.
Return on equity
b If the firm had no debt, what would the returnonequity ratio be
Note: Input your answer as a percent rounded to decimal places.
Answer is complete but not entirely correct.
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