Multiple Choice
Lancaster Toys has a profit margin of 7.5 percent,a total asset turnover of 1.71,and a return on equity of 21.01 percent.What is the debt-equity ratio?
A) 0.42
B) 0.64
C) 0.66
D) 0.72
E) 0.78
Correct Answer:

Verified
Correct Answer:
Verified
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