Jack corp. has a profit margin of 5.1 percent, total asset turnover of 2.3, and roe of 19.64 percent. what is this firm's debt-equity ratio? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Jack Corp's D/E ratio is 0.67.

We follow these steps to arrive at the

We begin with the DuPont Identity for Return on Equity (RoE)

Substituting the values from the question in the DuPont identity we get,

So,

Substituting the value of equity multiplier in the formula above we get,

Now,

So,

Now that we have the proportions of debt and equity to total assets, we can  find the Debt Equity (D/E) ratio as follows:

Substituting the values we get,

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi