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Milfred, Inc. has return on equity (ROE) =30.9 percent, accounts payable days =41 days, return on assets (ROA)=17.9 percent and net profit margin =4.3 percent.

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Milfred, Inc. has return on equity (ROE) =30.9 percent, accounts payable days =41 days, return on assets (ROA)=17.9 percent and net profit margin =4.3 percent. Compute Milfred's debt ratio (i.e., D/A). Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record .32184=32.1% as 32.1

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