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Keller Cosmetics maintains an operating profit margin of 8% and asset turnover ratio of 3. a. What is its ROA? Note: Round your answer
Keller Cosmetics maintains an operating profit margin of 8% and asset turnover ratio of 3. 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 $8,300, and EBIT is $21,500, what is its ROE? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. a. ROA b. ROA % %
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
