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Ladders, Inc. has a net profit margin of 5.1% on sales of $48.5 million. It has book value of equity of $40.8 million and total
Ladders, Inc. has a net profit margin of 5.1% on sales of $48.5 million. It has book value of equity of $40.8 million and total book liabilities of $31.6 million. What is Ladders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero.
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