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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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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
