Assume you are given the following ratiosnbspassets turn


Assume you are given the following ratios:

Assets turn over = 1.5x

Return on assets = 3%

Return on equity = 5%

1. How much is the Profit Margin?

2. How much is the Debt Ratio?

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Finance Basics: Assume you are given the following ratiosnbspassets turn
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