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Ladders, Inc. has a net profit margin of 5.5 %5.5% on sales of $ 50.1$50.1 million. It has book value of equity of $ 40.4$40.4
Ladders, Inc. has a net profit margin of
5.5 %5.5%
on sales of
$ 50.1$50.1
million. It has book value of equity of
$ 40.4$40.4
million and total book liabilities of
$ 30.2$30.2
million. What isLadders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero.
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