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Your firm reported a Net Income of $1,000,000 on Sales of $5,000,000. With a Total Asset Turnover of 1.00 and a Debt-to-Equity ratio of 1.25,
Your firm reported a Net Income of $1,000,000 on Sales of $5,000,000. With a Total Asset Turnover of 1.00 and a Debt-to-Equity ratio of 1.25, this implies a strong ROE of Enter your answer in decimal format, rounded to 3 decimal places. For example, if your answer is 8.66\%, enter "0.087
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