BlazeGuard Systems has a profit margin of 6.2%, a total asset turnover of 1.5, and a return on equity (ROE) of 18.6%. What is the firm's debt-to-equity ratio?
BlazeGuard Systems has a profit margin of 6.2%, a total asset turnover of 1.5, and a return on equity (ROE) of 18.6%. What is the firm's debt-to-equity ratio?
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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What is the firm's debt to equity ratio on these financial accounting question?
Transcribed Image Text:BlazeGuard Systems has a profit margin of
6.2%, a total asset turnover of 1.5, and a
return on equity (ROE) of 18.6%. What is the
firm's debt-to-equity ratio?
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