What is the return on equity for firm a and firm


Firm A and Firm B have debt–total asset ratios of 28 percent and 18 percent and returns on total assets of 9 percent and 13 percent, respectively. What is the return on equity for Firm A and Firm B? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Firm A Firm B Return on equity % %

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Financial Management: What is the return on equity for firm a and firm
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