If a company has a return on equity of 30% and a return on assets of 20%,

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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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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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