Question
Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 4. a. What is its ROA? (Enter your answer as a
| Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 4. |
| a. | What is its ROA? (Enter your answer as a whole percent.) |
| ROA | % |
| b. | If its debt-equity ratio is 1, its interest payments are $8,800 and taxes are $9,600, and EBIT is $24,000, what is its ROE? (Do not round intermediate calculations. Enter your answer as a whole percent.) ****I NEED HELP WITH PART B PLEASE! |
| ROE | % |
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Performance Measurement In Finance
Authors: John Knight, Stephen Satchell, Nathalie Farah
1st Edition
0750650265, 978-0750650267
