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Mountain View Services has a profit margin of 8.2%, total asset turnover of 2.1, and ROE of 20.5%. Calculate the company's debt-equity ratio.

Mountain View Services has a profit margin of 8.2%, total asset turnover of 2.1, and ROE of 20.5%. Calculate the company's debt-equity ratio.

Corporate Fin Focused Approach
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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Mountain View Services has a profit margin of 8.2%, total asset turnover of 2.1, and ROE of 20.5%. Calculate the company's debt-equity ratio.
Transcribed Image Text:Mountain View Services has a profit margin of 8.2%, total asset turnover of 2.1, and ROE of 20.5%. Calculate the company's debt-equity ratio.
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