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Opambour Inc. has a total asset turnover of 3.5 and a net profit margin of 1.5%. The firm has a return on equity of 15.3%.
Opambour Inc. has a total asset turnover of 3.5 and a net profit margin of 1.5%. The firm has a return on equity of 15.3%. Calculate Opambours debt ratio.
- A. 30%
- B. 50%
- C. 40%
- D. 66%
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Probability And Statistics For Engineering And The Sciences
Authors: Jay L. Devore
9th Edition
1305251806, 978-1305251809
