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QUESTION
Given the following information for the Duke Tire Company, find the firm's debt ratio (i., total liabilities / total assets): ROE (N/E) = 0.
Given the following information for the Duke Tire Company, find the firm's debt ratio (i.e., total liabilities / total assets):
ROE (N/E) = 0.38 (expressed as a decimal)
Total asset turnover ratio (S/A) = 4.1
Net profit margin (N/S) = 0.05 (expressed as a decimal)
