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During the latest year JBK Corp. had the following ratios: profit margin=5%, total asset turnover=2, total debt to total assets ratio=50%. What was the firm's
During the latest year JBK Corp. had the following ratios: profit margin=5%, total asset turnover=2, total debt to total assets ratio=50%. What was the firm's equity multiplier?
A. | 2.00 | |
B. | 1.25 | |
C. | 1.00 | |
D. | 1.59 | |
E. | 1.5 |
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