Compute rippard net profit margin

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Rippard's has a debt ratio of 24 percent, a total asset turnover ratio of 1.3 and a return on equity (ROE) of 60 percent. Compute Rippard's net profit margin. (Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record .32184 =32.1% as 32.1).

Reference no: EM131412677

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