Question: If ROA (return on assets) = 24% and if ROE (return on equity) = 42%, what is the firm's debt ratio (i.e., Debt/Total assets). Assume,

If ROA (return on assets) = 24% and if ROE (return

If ROA (return on assets) = 24% and if ROE (return on equity) = 42%, what is the firm's debt ratio (i.e., Debt/Total assets). Assume, as always, that the balance sheet identity equation holds

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