Calculate the ratio that shows claires ability to meet the


Claire's Cosmetics maintains a net profit margin of 8.99% and a total asset turnover ratio of 1.48. Calculate the return on assets (ROA) of the firm. If its debt-equity ratio is 39%, long-term debt is $23,000, interest payments and taxes are each $4,000, and EBIT is $32,000, what is its return on equity? (ROE) Note: The D/E ratio is constructed with long-term debt in the numerator.

Calculate the ratio that shows Claire's ability to meet the interest payments (times interest earned, TIE ratio).

The return on assets (ROA) of the firm is: (Select the best choice below.)

A. 11.05%

B. 12.11%

C. 13.31%

D. 15.84%

E. 11.71%

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Financial Management: Calculate the ratio that shows claires ability to meet the
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