Question
Zombie Corp. has a profit margin of 6 percent, total asset turnover of 1.5, and ROE of 20.54 percent. What is this firms debt-equity ratio?
| Zombie Corp. has a profit margin of 6 percent, total asset turnover of 1.5, and ROE of 20.54 percent. What is this firms debt-equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
| Debt-equity ratio |
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Handbook Of European Financial Markets And Institutions
Authors: Xavier Freixas, Philipp Hartmann, Colin Mayer
1st Edition
0199229953, 978-0199229956
