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Keller cosmetics maintains an operating profit margin of


Keller Cosmetics maintains an operating profit margin of 8.60% and a sales-to-assets ratio of 3.10. It has assets of $620,000 and equity of $420,000. Interest payments are $42,000 and the tax rate is 35%.

What is the Return on assets?

What is the return on equity?

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Financial Management: Keller cosmetics maintains an operating profit margin of
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