The Rangoon Timber Company has the following ratios: Sales/Total assets = 2.23; ROA = 9.69%; ROE =

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The Rangoon Timber Company has the following ratios:

Sales/Total assets = 2.23; ROA = 9.69%; ROE = 16.4%

What are Rangoon’s profit margin and debt ratio?


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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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