Omega Solar Solutions Corp. has a profit margin of 9.30%, total asset turnover of 1.60, and ROE of 21.45%. What is this firm's debt-equity ratio?

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
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Omega Solar Solutions Corp. has a profit margin of
9.30%, total asset turnover of 1.60, and ROE of 21.45%.
What is this firm's debt-equity ratio?
Transcribed Image Text:Omega Solar Solutions Corp. has a profit margin of 9.30%, total asset turnover of 1.60, and ROE of 21.45%. What is this firm's debt-equity ratio?
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