The total debt ratio is currently 69.57%. If the net income and total assets stay the same,

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The total debt ratio is currently 69.57%. If the net income and total assets stay the same, but new shares are issued to pay off the debt, and the total debt ratio decreases to 50%, what would the return on equity be now?

Posted Date: May 09, 2024 02:53 AM

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The total debt ratio is currently 69.57%. If the net income and total assets stay the same,

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Unfortunately with the given information I cannot directly calculate the new return on equity ROE af... View the full answer

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