Zombie corp has a profit margin of 53 percent total asset, Macroeconomics

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Zombie corp has a profit margin of 53 percent total asset

Zombie Corp. has a profit margin of 5.3 percent, total asset turnover of 2.4, and ROE of 19.84 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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Macroeconomics: Zombie corp has a profit margin of 53 percent total asset

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Macroeconomics: Zombie corp has a profit margin of 53 percent total asset

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