At the end of 2013, Daimler AG reported stockholders equity of $43,363 million and total...
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Accounting
At the end of 2013, Daimler AG reported stockholders equity of $43,363 million and total assets of $168,618 million. Its stockholders equity at the end of 2012 was $39,330 million. Net income in 2013 was $8,720 million.
a. Calculate Daimlers return on equity for 2013
b. Calculate Daimlers debt to equity ratio as of December 31, 2013
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