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Claire's Cosmetics maintains a net profit margin of 10.29% and a total asset turnover ratio of 1.36. Calculate the return on assets (ROA) of the
Claire's Cosmetics maintains a net profit margin of 10.29% and a total asset turnover ratio of 1.36. Calculate the return on assets (ROA) of the firm. If its debt-equity ratio is 46%, long-term debt is $25,000, interest payments and taxes are each $4,900, and EBIT is $27,000, what is its return on equity (ROE)? Note: The D/E ratio is constructed with long-term debt in the numerator. Calculate the ratio that shows Claire's ability to meet the interest payments (times interest earned, TIE ratio
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