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A company has an ROE of 19.60%. If the asset turnover ratio is 2.0 and return on sales is 4.0%, what is the debt-to-equity ratio?
A company has an ROE of 19.60%. If the asset turnover ratio is 2.0 and return on sales is 4.0%, what is the debt-to-equity ratio?
1.11
2.11
1.45
2.45
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Financial Markets And Institutions
Authors: Jeff Madura
5th Edition
0324027443, 9780324027440
