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Claire Cosmetics maintains a profit margin of 6 % and a total asset turnover ratio of 2 . a . Calculate the ROA for the

Claire Cosmetics maintains a profit margin of 6% and a total asset turnover ratio of 2. a. Calculate the ROA for the firm. b. If its debt-equity ratio is 40, long-term debt is $10,000, its interest payments and taxes are each $6,000, and EBIT is $24,000, what is its ROE? c. Calculate and discuss ratios that show Claires ability to meet the interest payments.

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