Marshall Networks, Inc. has a total asset turnover of 2.5% and a net profit margin of 3.5% - 3027

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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. 30%

C. 60%

D. 40% 

Solution Description

Marshall Networks, Inc. has a total asset turnov