Question: Can you explain this general accounting question using accurate calculation methods? A company reports the following: Net income = $58,000 Total debt = $232,000 Debt

Can you explain this general accounting question using accurate calculation methods?

Can you explain this general accounting question
A company reports the following: Net income = $58,000 Total debt = $232,000 Debt ratio = 40% What is the company's return on equity (ROE)

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