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Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 1.15, and ROE of 14.31 percent. Required: What is this firms
Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 1.15, and ROE of 14.31 percent.
Required: |
What is this firms equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Equity multiplier | times |
What is this firms debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Debt-equity ratio | times |
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