Need answer the accounting question Columbus Security Corp. has a ROE of 19%, profitmargin of 6.6%, and total asset turnover of 1.3.What is the firm's debt-equity ratio? (Round it totwo decimal place, e.g., 1.58)

Step 1: Define DuPont AnalysisAs per the DuPont analysis, the return on equity is impacted by the…

Answered: Columbus Security Corp. has a ROE of…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6P

See similar textbooks

Similar questions

what is this's debt-equity ratio?
Jack Corp. has a profit margin of 3.0 percent, total asset turnover of 2.3, and ROE of 17.45 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.)
Jackson Corporation has a profit margin of 9 percent, total asset turnover of 1.11, and ROE of 14.35 percent. What is this firm's debt- equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Debt-equity ratio times
account
Zombie Corp. has a profit margin of 7.6%, total asset turnover of 3.9, and ROE of 32.55%. What is this firm's debt-equity ratio???
Question
What is the firm's debt equity ratio??
Need answer
The Rossdale Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.29. Current liabilities are $1,450, sales are $7,380, profit margin is 8.1 percent, and ROE is 14.3 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
What is this firm debt equity ratio? General accounting
SUBJECT: FINANCIAL ACCOUNTING
What is the debt equity ratio of this financial accounting question?

SEE MORE QUESTIONS

Recommended textbooks for you

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Corporate Fin Focused Approach

Finance

ISBN:

9781285660516

Author:

EHRHARDT

Publisher:

Cengage

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Corporate Fin Focused Approach

Finance

ISBN:

9781285660516

Author:

EHRHARDT

Publisher:

Cengage

SEE MORE TEXTBOOKS

Columbus Security Corp. has a ROE of 19%, profit margin of 6.6%, and total asset turnover of 1.3. What is the firm's debt-equity ratio? (Round it to two decimal place, e.g., 1.58)