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please see the following financial information for Company A and B respectively. Company A Company B Total Assets 250 million 300 million Debt (10%) 50
please see the following financial information for Company A and B respectively.
| Company A | Company B |
Total Assets | 250 million | 300 million |
Debt (10%) | 50 million | 180 million |
Equity | 200 million | 120 million |
|
|
|
Calculate ROE of Company A and Company B when ROA for both of them is12% and 6% respectively. Please show your workings.
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