2A. A firm has net income of $197,400, a return on assets of 8.4 percent, and a debt-equity ratio of .72. What is the r

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answerhappygod
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2A. A firm has net income of $197,400, a return on assets of 8.4 percent, and a debt-equity ratio of .72. What is the r

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2A. A firm has net income of $197,400, a return on assetsof 8.4 percent, and a debt-equity ratio of .72.
What is the return on equity?
2B. Tessler Farms has a return on equity of 11.28 percent, adebt-equity ratio of 1.03, and a total asset turnover of.87.
What is the return on assets?
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