Question

How do I calculate profit margin with the following data?

Total equity - 639,400
Net incoome - 51,700

Debt equity ratio - .55
Total asset turnover - 2

Thanks!

Related Questions

Which of the following is the common balance sheet layout? A. assets = liability + owner’s equity... You have the following data for the Fosberg Winery. What is Fosberg's return on assets (ROA)? Return... Ccurrent Ratio Quick Ratio Working Capital Gross Profit Margin Operating Profit Margin Net Prof... Match the ratio with the information it provides Current Ratio - Quick Ratio - Working C...