Keller cosmetics maintains an operating profit margin of 8

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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. Interest payments are $30,000 and the tax rate is 35%. What is the return on assets? What is the return on equity?

Reference no: EM13592479

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