Firm a and firm b have debt total asset ratios of 27


Firm A and Firm B have debt total asset ratios of 27 percent and 17 percent and returns on total assets of 8 percent and 12 percent, respectively.

What is the return on equity for Firm A and Firm B? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

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Financial Management: Firm a and firm b have debt total asset ratios of 27
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