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Keller Cosmetics maintains an operating profit margin of 4.0% and asset turnover ratio of 2.0. The ROA is 8%. If its debt-equity ratio is 1,
| Keller Cosmetics maintains an operating profit margin of 4.0% and asset turnover ratio of 2.0. The ROA is 8%. If its debt-equity ratio is 1, its interest payments and taxes are each $7,000, and EBIT is $22,000, what is its Return on Equity (ROE)? |
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