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Rippard's has a debt ratio of 27 percent, a total asset turnover ratio of 1.3 and a return on equity (ROE) of 63 percent. Compute

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Rippard's has a debt ratio of 27 percent, a total asset turnover ratio of 1.3 and a return on equity (ROE) of 63 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: A firm has net income of $300,000 and sales of $10,000,000. Its interest expense is $200,000 and the firm's tax rate is 40%. Its operating profit margin (OPM) is: 07% O 8% 09% 10% O11% Mitchel, Inc. has a debt ratio of 13 percent and ROA = 39 percent. Compute Mitchel's Return on Equity (ROE). (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)

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