Marshall Networks, Inc. has a total asset turnover of 2.5% - 11215

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Marshall Networks, Inc. has a total asset turnover of 2.5% and a net profit margin of 3.5%. The firm has a return on equity of 17.5%. Calculate Marshall’s debt ratio.

a. 50%

b. 40%

c. 60%

d. 30%

 
Solution Description

Marshall Networks, Inc. has a total asset turnover