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Ladders, Inc. has a net profit margin of 5.8% on sales of $48.5 million. It has book value of equity of $39.4 million and total
Ladders, Inc. has a net profit margin of 5.8% on sales of $48.5 million. It has book value of equity of $39.4 million and total book liabilities of $28.8 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.)
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