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Jin's Appliances has a return-on-assets (investment) ratio of 16 percent. A. If the debt-to-assets ratio is 35 percent , what is the return on equity

Jin's Appliances has a return-on-assets (investment) ratio of 16 percent.

A. If the debt-to-assets ratio is 35 percent , what is the return on equity (%) ?

B. If the firm had no debt, what would the return-on- equity ratio be?

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