Milfred, Inc. has return on equity (ROE) = 31.9percent accounts payable days = 40 days, return on

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Milfred, Inc. has return on equity (ROE) = 31.9percent accounts payable days = 40 days, return on assets (ROA) = 17.4 percent and net profit margin = 3.8 percent. Compute Milfred's debt ratio.

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Mar 20, 2023 04:59 AM

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Milfred, Inc. has return on equity (ROE) = 31.9percent accounts payable days = 40 days, return on

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Principles of Finance

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