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Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 3....

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Finance

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Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 3. a. What is its ROA? (Round your answer to 2 decimal places.) ROA 1% b. If its debt-equity ratio is 1, its interest payments and taxes are each $8,000, and EBIT is $20,000, what is its ROE? (Round the intermediate calculations and the final answer to 2 decimal places.) ROE

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