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17. Assume that XYZ, Inc. has: Debt ratio = 70% Net profit margin = 15% Return on assets (ROA) = 7.5% Find XYZ's Total Asset

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17. Assume that XYZ, Inc. has: Debt ratio = 70% Net profit margin = 15% Return on assets (ROA) = 7.5% Find XYZ's Total Asset Turnover ratio. (Enter answer as a ratio- that is, do not convert to a percent). 18. Assume that your firm has ROA of 20.5%, ROE of 42% and Total Asset Turnover ratio of 3.5. Calculate the debt ratio for the firm. (Enter answer as a percent)

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