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Page Page 32 of 36 Question 32 (2.84 points) Listen Rippard's has debt ratio payout ratio = = 28.2 percent, total asset turnover ratio
Page Page 32 of 36 Question 32 (2.84 points) Listen Rippard's has debt ratio payout ratio = = 28.2 percent, total asset turnover ratio = 3.0, dividend 38 percent, and return on equity (ROE) = 59.4 percent. Compute Rippard's net profit margin. 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. Your Answer: Answer Previous Page Next Page Page 32 of 36
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