If a company has a return on equity of 30% and a return on assets of 20%,
Question:
If a company has a return on equity of 30% and a return on assets of 20%, its debt to assets ratio is closest to:
A. 33%.
B. 50%.
C. 70%.
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Related Book For
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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