Question
17. Assume that XYZ, Inc. has: Debt ratio = 70% Net profit margin = 15% Return on assets (ROA) = 7.5% Find XYZs Total Asset
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).
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
