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Jack Corporation has a profit margin of 8.70 percent, total asset turnover of 1.42, and ROE of 18.68 percent. What is the firm's debt-equity ratio?
Jack Corporation has a profit margin of 8.70 percent, total asset turnover of 1.42, and ROE of 18.68 percent. What is the firm's debt-equity ratio? |
Multiple Choice
0.51
0.02
0.66
0.46
0.56
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