Firm a and firm b have debtndashtotal asset ratios of 40


Firm A and Firm B have debt–total asset ratios of 40 percent and 30 percent and returns on total assets of 9 percent and 14 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 debtndashtotal asset ratios of 40
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