Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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What is the firm's debt equity ratio??

Kindle Fire Prevention Corp. has a profit margin
of 6.3 percent, a total asset turnover of 2.2, and
an ROE of 18.44 percent. What is this firm's debt-
equity ratio?
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Transcribed Image Text:Kindle Fire Prevention Corp. has a profit margin of 6.3 percent, a total asset turnover of 2.2, and an ROE of 18.44 percent. What is this firm's debt- equity ratio?
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