Dearborn Supplies has total sales of $195 ​million, assets of $100 ​million, a return on equity of 25 ​percent, and a net profit margin of 7.4 percent. What is the​ firm's debt​ ratio?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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Dearborn Supplies has total sales of

$195

​million, assets of

$100

​million, a return on equity of

25

​percent, and a net profit margin of

7.4

percent. What is the​ firm's debt​ ratio?

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