Zombie Corp. has a profit margin of 5.1 percent, total asset turnover of 1.95, and ROE of

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Zombie Corp. has a profit margin of 5.1 percent, total asset turnover of 1.95, and ROE of 16.15 percent. What is this firm's debt-equity ratio?

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.

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Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Nov 21, 2016 08:11 AM

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QUESTION 20 Assume a company reported the following results Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) 5300,000 2 $240.000 40% ? 2 What is the net...
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Zombie Corp. has a profit margin of 5.1 percent, total asset turnover of 1.95, and ROE of

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Fundamentals of Corporate Finance

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