Question
Riverhawk Sports has return on equity of 25 percent, profit margin of 10 percent, and capital intensity ratio of 2.0. What is the company's debt
Riverhawk Sports has return on equity of 25 percent, profit margin of 10 percent, and capital intensity ratio of 2.0. What is the company's debt to equity ratio?
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| A. | 420.8% |
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| B. | 275.0% |
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| C. | 160.4% |
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| D. | 25.0% |
|
| E. | 300.0% |
|
| F. | 400.0% |
|
| G. | 337.5% |
|
| H. | 150.0% |
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Computerized Accounting Using QuickBooks Pro 2020
Authors: Alvin A. Arens, D. Dewey Ward, Carol J. Borsum
6th Edition
0912503793, 9780912503790
