Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 0.99, and ROE of 14.47 percent.

Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 0.99, and ROE of 14.47 percent.

 

Required:

What is this firm’s debt-equity ratio? (Round your answer to 2 decimal places (e.g., 32.16).)

    Debt-equity ratio 0.62