Westridge Security Systems has a profit margin of 7.40%, total asset turnover of 2.10, and ROE of 21.80%. 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
Problem 8P
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Given the solution and general accounting

Westridge Security Systems has a profit margin of 7.40%, total asset
turnover of 2.10, and ROE of 21.80%. What is this firm's debt-
equity ratio?
Transcribed Image Text:Westridge Security Systems has a profit margin of 7.40%, total asset turnover of 2.10, and ROE of 21.80%. What is this firm's debt- equity ratio?
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