.17. Assume that XYZ, Inc. has:

Debt ratio = 70%

Net profit margin = 15%

Return on assets (ROA) = 7.5%

Find XYZs 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).