Question: Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is %. (Round to two decimal places.) Ladders, lnc has a net profit

Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is \%. (Round to two decimal places.)
Ladders, lnc has a net profit margin of 5.0% on sales of $50.0 million. It has book value of equity of $40.0 million and total book liabilities of $30.0 million. What is Ladders' ROE? ROAQ Note. Assume the value of Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is DO/O_ (Round to two decimal places.)
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