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Keller Cosmetics maintains an operating profit margin of 8 % and a sales - to - assets ratio of 3 . It has assets of
Keller Cosmetics maintains an operating profit margin of and a salestoassets ratio of It has assets of $ and equity of $ Assume that interest payments are $ and the tax rate is
a What is the return on assets?
b What is the return on equity?
Note: For all requirement, enter your answers as a percent rounded to decimal places.
Answer is complete but not entirely correct.
tablea Return on assets,
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