Zombie Corp. has a profit margin of 5.3%, total asset turnover of 2.4, and ROE of 19.84%. What is this firm's debt-equity ratio?
Zombie Corp. has a profit margin of 5.3%, total asset turnover of 2.4, and ROE of 19.84%. What is this firm's debt-equity ratio?
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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Question
What is this firm debt equity ratio? General accounting

Transcribed Image Text:Zombie Corp. has a profit margin of 5.3%,
total asset turnover of 2.4, and ROE of
19.84%.
What is this firm's debt-equity ratio?
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