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A company has an ROA of 8.83%, and an ROE of 18. If the company has only $12 million in current assets, has no special liabilities (only debt...

A company has an ROA of 8.83%, and an ROE of 18.80%. If the company has only $12 million in current assets, has no special liabilities (only debt obligations), a current ratio of 1.65, and has total equity of $57,000,000, what is the company's D/E ratio?

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solved ROA = 8.83% ROE = 18.80% current assets = 12,000,000 current ratio = 1.65 total equity = $57,000,000 required D/E... View the full answer

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