Question: Question 16 (5 points) If ROA (return on assets) = 25% and if ROE (return on equity) = 51%, what is the firm's debt ratio
Question 16 (5 points) If ROA (return on assets) = 25% and if ROE (return on equity) = 51%, what is the firm's debt ratio (.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 Answer: Answer Question 17 (5 points) If ROA (return on assets) - 14% and if ROE (return on equity) - 52%, what is the firm's equity multiplier (i.e., Total assets/Equity). Round your answer to two decimal places. For example, record 1.31854 as 1.32. Your Answer: Answer Question 18 (5 points) Given the following information for the Duke Tire Company, find the firm's debt ratio (ie, total liabilities/total assets)
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