Thompson Aggrotech has a return on equity of 14.85 percent, a debt-equity ratio of 0.65, and a total asset turnover of 1.1. What is the return on assets? I Want Answer

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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Thompson Aggrotech has a return on equity of 14.85 percent, a debt-equity ratio of 0.65, and a total asset turnover of 1.1. What is the return on assets? I Want Answer

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