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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. a. ROA b. ROA 20.00 % %
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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

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