![jilliankoch9794](/avatars/6888.jpg)
jilliankoch9794
18.02.2020 •
Mathematics
Kindle Fire Prevention Corp. has a profit margin of 6.2 percent, total asset turnover of 2.1, and ROE of 18.34 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))
Solved
Show answers
More tips
- S Style and Beauty How to Properly Tie a Tie: 5 Simple Steps...
- L Leisure and Entertainment How to Make a Crab Trap in Just a Few Minutes...
- H Health and Medicine How Much Does Abortion Cost? Expert Answers and Insights...
- S Sport How to Build Arm Muscles? Effective Exercises and Tips...
- H Health and Medicine When can it be said that a person has a normal pulse?...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
Answers on questions: Mathematics
- M Mathematics Plz don’t delete my questions,plz help me!! Or eles I won’t get to play games!URGENT!!...
- M Mathematics List coordinates for A if A(2,3) is rotated 180°. a (2, -3) b (-2, -3) c (-3, -2) d (-3, 2)...
- M Mathematics What is 8.096 in expanded form...
- M Mathematics 105 is decreased to 32....
- M Mathematics What is 74.21 in expanded form...
- M Mathematics How do you divide 23 into 713...
- M Mathematics PLEASE HELP WILL GIVE GOOD RATINGS AND 15 POINTS!! I will give BRAINLIESTThe equation y = 1.99x represents the cost y for x downloaded songs. Is this equation a direct...
- M Mathematics Which of the equations below contains the two points listed?...
- M Mathematics Solve each equation for 0° x 360° cosx tanx = 1/2...
- M Mathematics When a survey asked subjects whether they would be willing to accept cuts in their standard of living to protect the environment, 328 of 1140 subjects said yes. a. Find...
Ответ:
Debt- Equity ratio is 0.41
Step-by-step explanation: Debt- Equity ratio is calculated by subtracting one from the equity multiplier.
To solve this problem the du pont analysis is used which is Return on equity = Profit margin * Total Asset turnover * equity multiplier
0.1834 = 0.062 × 2.10 * Equity multiplier (EM)
0.1834 = 0.1302
EM = 1.41
Therefore debt-equity ratio = EM - 1
= 1.41 - 1 = 0.41
Ответ:
Probably 23 not sure