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Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 2. a. What is its ROA? (Enter your answer as a
| Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 2. |
| a. | What is its ROA? (Enter your answer as a whole percent.) |
| ROA | 10% |
| b. | If its debt-equity ratio is 1, its interest payments and taxes are each $8,400, and EBIT is $22,000, what is its ROE? (Do not round intermediate calculations. Enter your answer as a whole percent.) |
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Pivotal Decade How The United States Traded Factories For Finance In The Seventies
Authors: Judith Stein
1st Edition
0300171501, 978-0300171501
