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Keller Cosmetics maintains an operating profit margin of 6% and asset turnover ratio of 4 . a. What is its ROA? Note: Round your answer
Keller Cosmetics maintains an operating profit margin of 6% and asset turnover ratio of 4 . a. What is its ROA? Note: Round your answer to 2 decimal places. b. If its debt-equity ratio is 1 , its interest payments and taxes are each $8,500, and EBIT is $22,500, what is its ROE? Note: Do not round intermediate calculations. Round your answer to 2 decimal places
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