Calculate brauer debt-to-assets ratio

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Ratio Calculations Assume the following relationships for the Brauer Corp.: Sales/total assets 1.8x, Return on assets (ROA) 4%, Return on equity (ROE) 15% Calculate Brauer's profit margin assuming the firm uses only debt and common equity. Round your answer to two decimal places. Calculate Brauer's debt-to-assets ratio assuming the firm uses only debt and common equity. Round your answer to two decimal places.

Reference no: EM131819888

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