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Keller Cosmetics maintains an operating profit margin of 8% and a sales-to-assets ratio of 3. It has assets of $500,000 and equity of $300,000.

12. Keller Cosmetics maintains an operating profit margin of 8% and a sales-to-assets
ratio of 3. It has assets of $500,000 and equity of $300,000. Interest payments are $30,000 and
the tax rate is 35%. What is the return on assets? What is the return on equity?

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Finance-7624585.doc

ASSIGNMENT No.: 7624585
Keller Cosmetics maintains an operating profit margin of 8% and a sales­to­assets ratio of 3. It has assets of $500,000 and equity of $300,000. Interest payments are...

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