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What is the return on equity

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Reference no: EM13689057

The King Card Company has a return-on-assets (investment) ratio of 12 % 

(a) if the debt-to-total-asset ratio is 40%, what is the return on equity?

(b) if the firm has no debit, what would the return-on-equity ratio be?

 

 

Reference no: EM13689057

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