Given are the profitability ratios of Cherry Corp. for the year ended December 31, 2021:
Return on sale 5%
Return on assets 10%
Return on equity 25%

1. What is the debt-to-equity ratio of Cherry Corp?

Given are the profitability ratios of Cherry Corp. for the year ended December 31, 2021:
Return on sale 5%
Return on assets 10%
Return on equity 25%

2. What is the equity ratio of Cherry Corp?

Answer rating: 100% (QA)

DebttoEquity Ratio Return on equity ROE is given as 25 Equity Multiplier 1 R... View the full answer