Question
You have access to the following information and want to calculate the debt-to-equity ratio for the firm. Return on Equity: 24.47% Profit Margin: 13.04% Total
You have access to the following information and want to calculate the debt-to-equity ratio for the firm.
Return on Equity: 24.47%
Profit Margin: 13.04%
Total Asset Turnover: 1.32
Answer as a DECIMAL using two decimal places.
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
