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QUESTION
1. Assume that the following information applies to Watkinson, Inc.: Debt to equity ratio (D/E) = 1.8 ROE = 19.1% Based on this information, what is
1. Assume that the following information applies to Watkinson, Inc.:
- Debt to equity ratio (D/E) = 1.8
- ROE = 19.1%
Based on this information, what is ROA for Watkinson, Inc.?
2. Assume that the following information applies to Clarkson, Inc.:
- ROA = 16.1%
- ROE = 30.3%
Based on this information, what is the debt ratio (i.e., debt/total assets) for Clarkson, Inc.?
