Solution-What is the return on equity

What is the return on equity

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Q1. 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. Assume that interest payments are $42,000 and the tax rate is 35%. What is the return on assets?

Q2. 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. Assume that interest payments are $42,000 and the tax rate is 35%. What is the return on equity?

Q3. Indicate whether the following statements are true or false. Assume the firm carries inventory.

A company's debt-equity ratio is always less than 1. True or False?

Q4. The quick ratio is always less than the current ratio. True or False?

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What is the return on equity : Keller Cosmetics maintains an operating profit margin of 8.60% and a sales-to-assets ratio of 3.10. What is the return on equity

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What is the return on equity

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Reference no: EM133068724

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