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Keller Cosmetics maintains an operating profit margin of 6% and asset turnover ratio of 4. a. What is its ROA? (Round your answer to 2

Keller Cosmetics maintains an operating profit margin of 6% and asset turnover ratio of 4.

a. What is its ROA? (Round your answer to 2 decimal places.)

4*0.06 = .24 or 24%

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?

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