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Question 32 (3 points) Given the following information for the Duke Tire Company, find the firm's debt ratio (i.e., total liabilities / total assets): ROE
Question 32 (3 points) Given the following information for the Duke Tire Company, find the firm's debt ratio (i.e., total liabilities / total assets): ROE (N/E)=0.27 (expressed as a decimal) Total asset turnover ratio (S/A) = 2.7 Net profit margin (N/S) = 0.07 (expressed as a decimal) Record your answer as a percent rounded to one decimal place, but do not include a percent sign in your answer. For example, record .347924 = 34.7924% as 34.8
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