Xyz earned the net profit margin of 5 last year and had

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XYZ earned a net profit margin of 5% last year and had an equity multiplier of 2.8. If its total assets are $86 million and its sales are $184 million, what is the firm's debt ratio? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

Reference no: EM13394818

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