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QUESTION
Dearborn Supplies has total sales of $202 million, assets of $99 million, a return on equity of 33 percent, and a net profit margin of 7.4 percent.
Dearborn Supplies has total sales of $202 million, assets of $99 million, a return on equity of 33 percent, and a net profit margin of 7.4 percent. What is the firm's debt ratio?
The company's debt ratio is _____%. (Round to one decimal place.)
