Question: 21. Do you think the return on equity (ROE) will equal the return on assets (ROA)? A. Yes. Whenever a firm has no long-term debt.

21. Do you think the return on equity (ROE) will equal the return on assets (ROA)?

A. Yes. Whenever a firm has no long-term debt.

B. Yes. Whenever a firm's debt-to-equity ratio is equal to one.

C. Yes. Whenever a firm's total debt ratio is equal to zero.

D. Yes. Whenever a firm's return on equity is equal to 100%.

E. No. It will never happen.

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