Wildlife Control Services has a profit margin of 8.2 percent, total asset turnover of 2.1, and ROE of 22.5 percent. What is this firm's debt-equity ratio?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 10P
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General accounting

Wildlife Control Services has a profit margin of 8.2 percent,
total asset turnover of 2.1, and ROE of 22.5 percent. What
is this firm's debt-equity ratio?
Transcribed Image Text:Wildlife Control Services has a profit margin of 8.2 percent, total asset turnover of 2.1, and ROE of 22.5 percent. What is this firm's debt-equity ratio?
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