Given The Following Information For The Duke Tire Company Find The Firm S Debt R
Given the following information for the Duke Tire Company, find the firm’s debt ratio (i.e., total liabilities / total assets):
ROE (N/E) = 0.38 (expressed as a decimal)
Total asset turnover ratio (S/A) = 4.1
Net profit margin (N/S) = 0.05 (expressed as a decimal)
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