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(Fin.Stmts_Ratios) If a firm's net profit margin is 11.2%, asset turnover is 1.8, and the debt ratio is 0.7, what is the firm's return on
(Fin.Stmts_Ratios) If a firm's net profit margin is 11.2%, asset turnover is 1.8, and the debt ratio is 0.7, what is the firm's return on equity (ROE)? Round to the nearest 0.1%, drop the % symbol. E.g., if your answer is 25.74%, record it as 25.7.
Need work.
Last person got 67.2. Need to confirm if its right or not because it differs from an answer I am confident in
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