Given the following information for the duke tire company


Given the following information for the Duke Tire Company, find the firm's debt ratio (i.e., total liabilities / total assets):

• ROE (N/E) = 0.32 (expressed as a decimal)

• Total asset turnover ratio (S/A) = 2.7

• Net profit margin (N/S) = 0.06 (expressed as a decimal)

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Financial Management: Given the following information for the duke tire company
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