The Rangoon Timber Company has the following ratios: Net Sales/Total Assets=2.23. ROA=9.69%. ROE=16.4%. What are Rangoon's profit margin and debt ratio?
The Rangoon Timber Company has the following ratios: Net Sales/Total Assets=2.23. ROA=9.69%. ROE=16.4%. What are Rangoon's profit margin and debt ratio?
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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
Transcribed Image Text:The Rangoon Timber Company has the following
ratios:
Net Sales/Total Assets=2.23.
ROA=9.69%.
ROE=16.4%.
What are Rangoon's profit margin and debt ratio?
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