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Kansas Office Supply had $24,000,000 in sales last year. The company's net income was $400,000. Its total assets turnover was 6.0. the company's ROE was

Kansas Office Supply had $24,000,000 in sales last year. The company's net income was $400,000. Its total assets turnover was 6.0. the company's ROE was 15 percent. The company is financed entirely with debt and common equity. What is the company's debt to assets ratio

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