Jiminy cricket removal has a profit margin of 8 percent


Jiminy Cricket Removal has a profit margin of 8 percent, total asset turnover of 1.12, and ROE of 14.34 percent.

What is this firm’s debt–equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Debt–equity ratio             times

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Financial Management: Jiminy cricket removal has a profit margin of 8 percent
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