(DuPont analysis) Dearborn Supplies has total sales of $196 million, assets of $100 million, a return on equity of 28 percent, and a net profit margin of 7.5 percent. What is the firm's debt ratio? The company's debt ratio is%. (Round to one decimal place.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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(DuPont analysis) Dearborn Supplies has total sales of $196 million, assets of $100 million, a return on equity of
28 percent, and a net profit margin of 7.5 percent. What is the firm's debt ratio?
The company's debt ratio is%. (Round to one decimal place.)
Transcribed Image Text:(DuPont analysis) Dearborn Supplies has total sales of $196 million, assets of $100 million, a return on equity of 28 percent, and a net profit margin of 7.5 percent. What is the firm's debt ratio? The company's debt ratio is%. (Round to one decimal place.)
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