Question
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%
b.If its debt-equity ratio is 1, its interest payments are $8,400 and taxes are $8,800, and EBIT is $22,000, what is its ROE?(Do not round intermediate calculations. Enter your answer as a whole percent.)
ROE%
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
