Chapter Name:$-$ Accounting Ratios

A company has a Return on Equity $($ROE$)$ of $15\%$ and a Return

on Assets $($ROA$)$ of $10\%.$ If the company's debt ratio is $40\%,$ what

is the company's Return on Investment $($ROI$)?$

a$)12\%$

b$)15\%$

c$)10\%$

d$)18\%$