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Ladders, Inc. has a net profit margin of 5.6% on sales of $51.2 million. It has book value of equity of $40.1 million and
Ladders, Inc. has a net profit margin of 5.6% on sales of $51.2 million. It has book value of equity of $40.1 million and total book liabilities of $28.4 million. What is Ladders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is %. (Round to two decimal places.) What is Ladders' ROA? Ladders' ROA is %. (Round to two decimal places.)
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
