Determining the firm debt-equity ratio
Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 1.15, and ROE of 14.31 percent.
Required:
What is this firm's debt-equity ratio?
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Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 1.15, and ROE of 14.31 percent. What is this firm's debt-equity ratio?
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