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Assume that XYZ, Inc. has: Debt ratio = 60% Net Profit margin = 12.5% Return on assests (ROA) = 25% Find XYZ's Total Asset Turnover
Assume that XYZ, Inc. has:
- Debt ratio = 60%
- Net Profit margin = 12.5%
- Return on assests (ROA) = 25%
Find XYZ's Total Asset Turnover ratio. (Enter answer as a ratio-that is, do not convert to a percent)
Also, assume that this same firm has a ROA of 17.5%, ROE of 28%, and Total Asset Turnover ratio of 3.75. Calculate the debt ratio for the firm. (Enter answer as a percent)
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