A company has a return on assets of 12 per cent and a debt to equity ratio

Question:

A company has a return on assets of 12 per cent and a debt to equity ratio of .5 . Would you expect return on equity to be more or less than 12 per cent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting A Global Approach

ISBN: 9780395839867

1st Edition

Authors: Sidney J. Gray, Belverd E. Needles

Question Posted: