Question
You are given the following relationships for a company: | Sales/total assets | 1.5x | Return of assets | 3% | Return on equity |
You are given the following relationships for a company:
| Sales/total assets | 1.5x
| Return of assets | 3%
| Return on equity | 8%
What are the profit margin and the debt ratio?
Do not copy from Chegg and give complete answer with explanation
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Management Accounting Principles And Applications
Authors: Hugh Coombs, D Ellis Jenkins, David Hobbs
1st Edition
1412908434, 978-1412908436
