Kindle Fire Prevention Corp. has a profit margin of 6.2 percent, total asset turnover of 2.1, and ROE of 18.34 percent. What is this firm’s debt–equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e. g., 32.16))

Debt- Equity ratio is 0.41

Step-by-step explanation: Debt- Equity ratio is calculated by subtracting one from the equity multiplier.

To solve this problem the du pont analysis is used which is Return on equity = Profit margin * Total Asset turnover * equity multiplier

0.1834 = 0.062 × 2.10 * Equity multiplier (EM)

0.1834 = 0.1302

EM = 1.41

Therefore debt-equity ratio = EM - 1

= 1.41 - 1 = 0.41

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step-by-step explanation: im watching dbz and eating popcorn leave meh alone

the simplified form is

step-by-step explanation:

we want to simplify the expression,

let us change the middle bar to a normal division sign to obtain,

we multiply the first fraction by the reciprocal of the second fraction to obtain,

we factor to obtain,

we cancel the common factors to get,

we simplify to get,

the correct answer is b