Question: Applying the Accounting Equation and Computing Return on Equity and Debt-to-Equity Ratio At the end of 2017, Daimler AG, reported stockholders equity of 64,023 million

Applying the Accounting Equation and Computing Return on Equity and Debt-to-Equity Ratio At the end of 2017, Daimler AG, reported stockholders equity of 64,023 million and total assets of 255,605 million. Its stockholders equity at the end of 2016 was 57,950 million. Net income in 2017 was 10,525 million. Round answers to one decimal place.

a. Calculate Daimlers return on equity ratio for 2017. _% b. Calcutate Daimler's debt-to-equity ratio as of December 31, 2017.

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