Marshall Networks, Inc. has a total asset turnover of 2.5 and a net profit margin of 3.5%. - 3804

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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.  30%

b.  40%

c.  50%

d.  60%

 
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1.