Rippard's has debt ratio = 24.0 percent, total asset turnover ratio = 2.2, dividend payout ratio = 42 percent, and return on equity (ROE) = 44.8 percent. Compute Rippard's net profit margin. Your Answer: Page 27 of 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
