Question: AB Corp. has a return on equity or 20 percent, a debt-equity ratio or 44 percent, a capital Intensity ratio of 1.08, a current ratio
AB Corp. has a return on equity or 20 percent, a debt-equity ratio or 44 percent, a capital Intensity ratio of 1.08, a current ratio or 1.25 and current assets of$138,000. What is the profit margin:
A. 9.50 percent
B 31.10 percent
C. 15.00 percent
D. 12.86 percent
E. 11.25 percent
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