Jiminy Cricket Removal has a profit margin of 8 percent, total asset turnover of 1.0, and ROE of 14.46 percent.

What is this firm's debt-equity ratio?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Debt-equity ratio_______ times

I got 1.8075 times as the ratio but the answer key drops the 1.0 and says its .8075; why do you drop the 1 after the math?

14.46 = .08 X 1 X debt-equity ratio