Assume the value of interest expense is equal to zero

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Ladders, Inc. has a net profit margin of 5.5% on sales of $48.8 million. It has book value of equity of $40.7 million and total book liabilities of $29.1 million. What is? Ladders' ROE?? ROA? Note: Assume the value of Interest Expense is equal to zero.

What is? Ladders' ROE?

?Ladders' ROE is ___?%.

? (Round to two decimal? places.)

What is? Ladders' ROA?

?Ladders' ROA is ___%.

?(Round to two decimal? places.)

Reference no: EM131854475

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