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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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