Zombie corp has a profit margin of 48 percent total asset


Zombie Corp. has a profit margin of 4.8 percent, total asset turnover of 2.0, and ROE of 19.34 percent. What is this firm's debt-equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Solution Preview :

Prepared by a verified Expert
Finance Basics: Zombie corp has a profit margin of 48 percent total asset
Reference No:- TGS01475938

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)