If the Lollar Corporation has a debt-to-total-assets ratio of 60 percent, what will the firm's return on equity be?
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If the Lollar Corporation has a debt-to-total-assets ratio of 60 percent, what will the firm's return on equity be?
That can't be answered with that information. It means liabilities are 60% of assets, leaving 40% for equity. But there's no info in there saying anything at all about what the return is, or any way to get it. You've left something out.
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