I have been stuck on this problem for hours. I just can't figure out how to find the debt ratio. Any help would be greatly appreciated.
DuPont equation: The Rangoon Timber Company has the following relationships:
Sales / Total assets 1.50;
ROA 9.87%;
ROE 15.46%
Find Rangoon’s profit margin? 6.55% (I Found this one)
Find the debt ratio?