Essay
Langston, Inc. has a debt-to-total-assets ratio of 0.65 and a profit margin of 14.3%. The median profit margin for similar companies in the same industry as Langston is about 5.1%. The median debt-to-total-assets ratio for similar companies in the same industry is 0.24.
Based on this industry information, how does Langston compare to similar companies and what are the causes of these differences?
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As the profit margin shows, Langston is ...View Answer
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