What is the return on assets and what is return on equity

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Reference no: EM131088131

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?

Reference no: EM131088131

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What is the return on assets and what is return on equity : 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 ret..

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