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please solve part B. for part b 20% AND 40% are INCORRECT. thank you! Celler Cosmetics maintains an operating profit margin of 4% and asset
please solve part B. for part b 20% AND 40% are INCORRECT. thank you! 
Celler Cosmetics maintains an operating profit margin of 4% and asset turnover ratio of 5. 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 $9,800, and EBIT is $29,000, what is its ROE? Note: Do not round intermediate calculations. Round your answer to 2 decimal places Step by Step Solution
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Using Microsoft Excel And Access 20 For Accounting
Authors: Glenn Owen
5th Edition
133751229X, 9781337512299
