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Given the following information for the Duke Tire Company, find the firm's debt ratio (i.e., total liabilities / total assets):

ROE (N/E) = 0.24 (expressed as a decimal)

Total asset turnover ratio (S/A) = 3.5

Net profit margin (N/S) = 0.09 (expressed as a decimal)

Financial Management, Finance

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  • Reference No.:- M91263467

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