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Keller Cosmetics maintains an operating profit margin of 6.0% and asset turnover ratio of 4.0. a. What is its ROA? (Round your answer to 2 decimal places.) ROA % b. If its debt-equity ratio is 1, its interest payments and taxes are each $9,000, and EBIT is $21,000, what is its ROE? (Do not round intermediate calculations.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9796690

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