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22-02-2024
Business

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Jackson Corporation has a profit margin of 5.8%, total asset turnover of 1.75, and ROE of 13.85%. What is this firm's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.)
a. 0.84
b. 1.07
c. 0.77
d. 0.93

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