Anka Audio reported the following amounts in its December 31, 2016, and 2015 financial statements.
Calculate to the nearest hundredth:
A. Return on equity for 2016.
B. Debt-to-equity ratio as of December 31, 2016

Question

Anka Audio reported the following amounts in its December 31, 2016, and 2015 financial statements.
  Calculate to the nearest hundredth:
A. Return on equity for 2016.
B. Debt-to-equity ratio as of December 31, 2016

Quizplus · Accepted Answer

The Answer of Anka Audio reported the following amounts in its December 31, 2016, and 2015 financial statements.
  Calculate to the nearest hundredth:
A. Return on equity for 2016.
B. Debt-to-equity ratio as of December 31, 2016

Anka Audio Reported the Following Amounts in Its December 31