A firm has a return on assets of 12 percent and a return on equity of 18 percent. What is the debt-to-total assets ratio?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
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A firm has a return on assets of 12 percent and a return on equity of 18 percent. What is the debt-to-total assets ratio?  

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