Question: Milfred, Inc. has return on equity ( R O E ) = 2 9 . 3 percent, accounts payable days = 2 5 days, return

Milfred, Inc. has return on equity (ROE)=29.3 percent, accounts payable days =25 days, return on assets (ROA)=10.9 percent and net profit margin =2.6 percent. Compute Milfred's debt ratio (i.e., D/A).
Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record .32184=32.1% as 32.1.
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Milfred, Inc. has return on equity (ROE)=29.3 percent, accounts payable days

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