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Waterton Construction Inc. has a profit margin of 6.80 percent, total asset turnover of 1.95, and ROE of 18.27 percent. Using the DuPont Identity, what
Waterton Construction Inc. has a profit margin of 6.80 percent, total asset turnover of 1.95, and ROE of 18.27 percent. Using the DuPont Identity, what is this firms debt-equity ratio? Do not round intermediate calculations and round your final answer to 2 decimal places.
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