Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.05, and ROE of 14.41 percent.
What is the firm’s equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Equity multiplier times
What is the firm’s debt–equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Debt–equity ratio times