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The King Arts Company has a return on assets ratio of 5 percent A if the debt to total assets ratio is 20 percent what is the return on equity B if the firm had no debt what would the return

The King Arts Company has a return-on- assets ratio of 5 percent.

A- if the debt-to-total assets ratio is 20 percent, what is the return on equity?

B- if the firm had no debt, what would the return-on-equity ratio be?

 

Aug 27 2020 View more View Less

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