Multiple Choice
Lancaster Toys has a profit margin of 5.1 percent, a total asset turnover of 1.84, and a return on equity of 16.2 percent. What is the debt-equity ratio?
A) 0.73
B) 0.42
C) 0.81
D) 0.64
E) 0.83
Correct Answer:
Verified
Correct Answer:
Verified
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