Marshall Networks, Inc. has a total asset turnover of 2.5% and a net profit margin of 3.5%.
Marshall
Networks, Inc. has a total asset turnover of 2.5% and a net profit
margin of 3.5%. The firm has a return on equity of 17.5%. Calculate
Marshall’s debt ratio.
A. 50%
B. 30%
C. 60%
D. 40%
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