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27. Rippard's has debt ratio = 21.2 percent, total asset turnover ratio = 3.0, dividend payout ratio = 26 percent, and return on equity (ROE)
27. 
Rippard's has debt ratio = 21.2 percent, total asset turnover ratio = 3.0, dividend payout ratio = 26 percent, and return on equity (ROE) = 45.1 percent. Compute Rippard's net profit margin Step by Step Solution
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Financial accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
IFRS Edition
9781119153726, 978-1118285909
