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Homework answers / question archive / Firm A and Firm B have debt-total asset ratios of 42% and 32% and returns on total assets of 7% and 12%, respectively

Firm A and Firm B have debt-total asset ratios of 42% and 32% and returns on total assets of 7% and 12%, respectively

Finance

Firm A and Firm B have debt-total asset ratios of 42% and 32% and returns on total assets of 7% and 12%, respectively.

  

What is the return on equity for Firm A and Firm B? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

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