[Solved] MAD Inc. would like to improve their ROE

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MAD Inc. would like to improve their ROE to 40%. They think they can maintain profit margin of 12% while maintaining their total asset turnover

MAD Inc. would like to improve their ROE to 40%. They think they can maintain profit margin of 12% while maintaining their total asset turnover at 2. What total debt to total asset ratio would be needed to achieve MADs ROE goal?

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