Question: PLEASE ANSWER SOON!! If ROA (return on assets) =18% and if ROE (return on equity) =41%, what is the firm's debt ratio (i.e., Debt/Total assets).

PLEASE ANSWER SOON!! PLEASE ANSWER SOON!! If ROA (return on assets) =18% and if ROE

If ROA (return on assets) =18% and if ROE (return on equity) =41%, what is the firm's debt ratio (i.e., Debt/Total assets). Assume, as always, that the balance sheet identity equation holds. Record your answer as a percent rounded to one decimal place, but do not include the percent sign in your answer. For example, record 0.3428543=34.28543% as 34.3. Your

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