Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.01, and ROE of 14.45 percent.
Required: What is this firm’s equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Equity multiplier times
What is this firm’s debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Debt-equity ratio times