Question: = Milfred, Inc. has return on equity (ROE) = 25.3 percent, accounts payable days = 44 days, return on assets (ROA) = 15.9 percent and

= Milfred, Inc. has return on equity (ROE) = 25.3 percent, accounts payable days = 44 days, return on assets (ROA) = 15.9 percent and net profit margin = 3.7 percent. Compute Milfred's debt ratio (i.e., D/A). = =
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