What is this firm debt-equity ratio

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Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.01, and ROE of 14.45 percent.

Required: What is this firm’s equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Equity multiplier times

What is this firm’s debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Debt-equity ratio times

Reference no: EM131177988

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