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Rippard's has debt ratio =24.2 percent, total asset turnover ratio =2.8, dividend payout ratio =75 percent, and return on equity (ROE)=70.9 percent. Compute Rippard's net

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Rippard's has debt ratio =24.2 percent, total asset turnover ratio =2.8, dividend payout ratio =75 percent, and return on equity (ROE)=70.9 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

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