(Answered) 1 suppose the expected returns on equity of two firms

Accounting

1. Suppose the expected returns on equity of two firms, Macrosoft and Microsoft that operate in the same industry are 10.50% and 12.60%, respectively. What is the return on assets in this business if Macrosoft has no debt? (No more than two decimals in the percentage interest rate, but do not enter the % sign.)

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