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Highland Security Systems has a profit margin of 6.50%, total asset turnover of 2.10, and return on equity (ROE) of 25.95%. Calculate the company's debt-to-equity ratio.

Highland Security Systems has a profit margin of 6.50%, total asset turnover of 2.10, and return on equity (ROE) of 25.95%. Calculate the company's debt-to-equity ratio.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 2P
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Hello tutor please given answer general accounting question

Highland Security Systems has a profit margin of 6.50%, total asset turnover of 2.10, and return on equity (ROE) of 25.95%. Calculate the company's debt-to-equity ratio.
Transcribed Image Text:Highland Security Systems has a profit margin of 6.50%, total asset turnover of 2.10, and return on equity (ROE) of 25.95%. Calculate the company's debt-to-equity ratio.
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