A firm has a debt-to-asset ratio of 75%, $255,000 in debt, and a net income of $51,000. Calculate return on equity. a. 80% b. 75% c. 76% d. 60%
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- I want to correct answer general accountingFind the return on equity of a business having a return on sale of 15% with an asset turnover of 1.5 and a debt ratio of 60% a. 62.50% b. 56.25% c. 37.50% d. 43.75%Assuming total invested capital = total assets, which of the following would have the highest equity multiplier? Enter question A. Company A with a debt to capital ratio of 80% B. Company B with a debt to capital ratio of 25% C. Company C with a debt to capital ratio of 60% D. Company D with a debt to capital ratio of 10%