Zombie corp has a profit margin of 5 percent total asset, Financial Management

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Zombie corp has a profit margin of 5 percent total asset

Zombie Corp. has a profit margin of 5 percent, total asset turnover of 1.9, and ROE of 19.54 percent. What is this firm’s debt-equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio.

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Financial Management: Zombie corp has a profit margin of 5 percent total asset

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Financial Management: Zombie corp has a profit margin of 5 percent total asset

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