Question
Dearborn Supplies has total sales of $196 million, assets of $ $90 million, a return on equity of 26 percent, and a net profit margin
Dearborn Supplies has total sales of $196 million, assets of $ $90 million, a return on equity of 26 percent, and a net profit margin of 7.9 percent. What is the firm's debt ratio?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
