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Worked on these 3 questions for 30 minutes now, and i still can't seem to figure it out. please help! Question 16 (5 points) If
Worked on these 3 questions for 30 minutes now, and i still can't seem to figure it out. please help!
Question 16 (5 points) If ROA (return on assets) = 24% and if ROE (return on equity) = 51%, what is the firm's debt ratio (i.e., Debt/Total assets). Assume, as always, that the balance sheet identity equation holds. I assets). Assume, as all Record your answer as a percent rounded to one decimal place, but do not include the percent sign in your answer. For example, record 0.3428543-34.28543% as 34.3. YourStep by Step Solution
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