SOLUTION: A company has a profit margin of 7 percent, total asset turnover of 1.94, and ROE of 23.70 percent. What is this firm’s debt-equity ratio?

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Question 1140490: A company has a profit margin of 7 percent, total asset turnover of 1.94, and ROE of 23.70 percent. What is this firm’s debt-equity ratio?
Answer by ikleyn(52796)   (Show Source): You can put this solution on YOUR website!
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Hey,

it seems to me that you missed something.

This site/forum is to help students in school Math.

We are not an Accounting Department . . .


Find another, more suitable site/forum for your questions/problems.



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