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A.You calculate that a firm has a total asset turnover of 0.19 and a profit margin of 1.17. If the firm reports that its ROE
A.You calculate that a firm has a total asset turnover of 0.19 and a profit margin of 1.17. If the firm reports that its ROE for the same time period is equal to 0.27, what must be the firms debt-to-equity ratio? Answer as a decimal
B.
You have access to the following information and want to calculate the debt-to-equity ratio for the firm.
Return on Equity: 25.10%
Profit Margin: 11.38%
Total Asset Turnover: 0.91
Answer as a DECIMAL using two decimal places.
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