Question: Please show all work and formulas used. Do NOT use Excel. Assume the following information for Boston Corporation: Sales/Total assets =1.5 Return on assets (ROA)=7%
Assume the following information for Boston Corporation: Sales/Total assets =1.5 Return on assets (ROA)=7% Return on equity =5% Calculate the firm's net profit margin and debt-to-capital ratio if the firm uses only debt and common equity (so total assets equal total invested capital)
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