Marshall Networks, Inc. has a total asset turnover of 2.5% and a net profit margin - 1703

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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.40%

B.50%

C.30%

D.60%

Solution Description

Marshall Networks, Inc. has a total asset turnover o