Total Assets/Total Equity Ratio Assignment | Homework For You
June 3rd, 2020
A company has the following ratios. Profit margin = 12%, Receivables days = 5, Total asset turnover = 0.3, ROE = 6%. What is its Total Assets/Total Equity ratio?
O A. 3.0 O B. 2.5 O C. 2.0 O D. 1.7 O E. 1.2 O F. Cannot tell from these ratios that are given. Get Finance homework help today