Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 3.
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 $8,000, and BIT is $20,000, what is its ROE? (Round th
Intermediate calculations and the final answer to 2 decimal places.)