Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. red corp. has a rate of return on assets of 10% an

Red Corp. has a rate of return on assets of 10% and a debt/equity ratio...

70.2K

Verified Solution

Question

Accounting

Red Corp. has a rate of return on assets of 10% and a debt/equity ratio of 2 to 1. Not including any indirect effects on earnings, the immediate impact of retiring debt on these ratios is

Return on Assets. Debt/Equity Ratio a. increase. increase b. decrease. decrease c. increase. decrease d. decrease. increase

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

A leisure company operates three amusement arcades in the UK: at Redcar, Skegness and Torquay. As...

Statistics
1.2K views

. According to a 2018 report from the Center on Education and the Workforce at Georgetown...

Chemistry
1.2K views

Which of the following are true concerning the limit of quantification (LOQ) of a particular analysis...

Medical Sciences
1.2K views

Which of these statements about the kidney and urine is not true? why? a. Only people who...

Programming
1.2K views

An electricity company charges electricity consumption according to the following scale. Up to 200 Units (0-200) to...

Psychology
1.2K views

A person expresses his/her identity in a variety of ways. The clothes we wear, the foods...

Algebra
1.2K views

of 11 43 1 4 1 4 y z 1 3y z 4 is 517...

Accounting
1.2K views

Exerclse 9-1(Algo) Prepare a Flexlble Budget [LO9-1] Puget Sound Divers provides diving services, such...

Accounting
1.2K views

Need Schedule A filled out. Need notes and calculations shown as well. Based on...

Accounting
1.2K views

Mr. Coleman, an unmarried individual, has the following income items: Interest income $ 24,300 Schedule...

Accounting
1.2K views

13. In process 2, material G is added when a batch is 60% complete. Ending...

Accounting
1.2K views

Additional information: 1. Net income for 2022 was $103,300. 2. Depreciation expense was $31,800. 3....