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Mathematics, 19.12.2019 06:31 edjiejwi

Afire has destroyed many of the financial records at anderson associates. you are assigned to piece together information to prepare a financial report. you have found that the firm’s return on equity is 12% and its equity multiplier is 1.6667. anderson has no preferred stock, its total current liabilities equal $250,000, and its total assets equal $2,500,000. the firm has no short-term debt. what is the firm’s total debt to total capital ratio if its roe is 15%, its roa is 10%, and its total current liabilities and total assets remain constant?

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Afire has destroyed many of the financial records at anderson associates. you are assigned to piece...
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