Stellar Electronics has a profit margin of 5.2 percent, total asset turnover of 1.8, and ROE of 23.4 percent. What is this firm's debt- equity ratio?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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Stellar Electronics has a profit margin of 5.2 percent, total asset
turnover of 1.8, and ROE of 23.4 percent. What is this firm's debt-
equity ratio?
Transcribed Image Text:Stellar Electronics has a profit margin of 5.2 percent, total asset turnover of 1.8, and ROE of 23.4 percent. What is this firm's debt- equity ratio?
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