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Problem:

Weston Mines has a cost of equity of 19.8 percent, a pre-tax cost of debt of 9.4 percent, and a return on assets of 17.1 percent. Ignore taxes.

Required:

Question: What is the debt-equity ratio?

Note: Provide support for your underlying principle.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91170191

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