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The Ivanhoe Timber Company has the following ratios: Net sales/Total assets =2.91;ROA=9.16%;ROE=17.5%. What are Ivanhoe's profit margin and debt ratios? (Round answers to 2 decimal
The Ivanhoe Timber Company has the following ratios: Net sales/Total assets =2.91;ROA=9.16%;ROE=17.5%. What are Ivanhoe's profit margin and debt ratios? (Round answers to 2 decimal places, e.g. 12.55 or 12.55%. ) Profit margin % Debt ratio
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