Question
Norton Company has a debt-to-equity ratio of 1.02, ROA of 11.98 percent, and total equity of $1,815,000. What are the companys equity multiplier, debt ratio,
Norton Company has a debt-to-equity ratio of 1.02, ROA of 11.98 percent, and total equity of $1,815,000. What are the companys equity multiplier, debt ratio, and ROE? (Round answers to 2 decimal places, e.g. 12.55 or 12.55%.)
| The companys equity multiplier is , its debt ratio is , and its ROE is %. |
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Essentials Of Health Care Finance
Authors: William O. Cleverley
3rd Edition
0834203413, 978-0834203419
