Explain the operating profit margin, Accounting Basics

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Explain the operating profit margin

Keller Cosmetics maintains an operating profit margin of 6.0% and asset turnover ratio of 4.0. a. What is its ROA? (Round your answer to 2 decimal places.) ROA % b. If its debt-equity ratio is 1, its interest payments and taxes are each $9,000, and EBIT is $21,000, what is its ROE? (Do not round intermediate calculations.

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Accounting Basics: Explain the operating profit margin

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Accounting Basics: Explain the operating profit margin

Reference No:- TGS0554659

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Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: Explain the operating profit margin

Reference No:- TGS0554659

Recent Questions Asked Accounting Basics

Q : The lettuce it serves its customers

Q : What is the anticipated rate of return

Q : Calculate the total amount of cash

Q : Statement to the contribution margin format

Q : Explain the operating profit margin

Q : Create the necessary journal entries for company

Q : What is the projects irr

Q : Find the firm''s asset turnover ratio

Q : Problem related to owner sequity

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