Ajax Company has a debt-equity ratio of 0.75. Return on assets is 9.5 %. What is the return on equity?
A) 12.69%
B) 13.37%
C) 14.48%
D) 15.75%
E) 16.63%

Name: Ajax Company has a debt-equity ratio of 0.75. Return on assets is 9.5 %. What is the return on equity? A) 12.69% B) 13.37% C) 14.48% D) 15.75% E) 16.63%
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The Answer of Ajax Company has a debt-equity ratio of 0.75. Return on assets is 9.5 %. What is the return on equity?
A) 12.69%
B) 13.37%
C) 14.48%
D) 15.75%
E) 16.63%

Ajax Company Has a Debt-Equity Ratio of 0