Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 4...
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Finance
Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 4 . 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 $8,800, and EBIT is $24,000, what is its ROE Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct
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