Question: step by step pleaseee 2. Performance measures Keller Cosmetics maintains an operating profit margin of 8% and a sales-to-assets ratio of 3. It has assets
2. Performance measures Keller Cosmetics maintains an operating profit margin of 8% and a sales-to-assets ratio of 3. It has assets of $500,000 and equity of $300,000. Assume that interest payments are $30,000 and the tax rate is 25%. a. What is the return on assets? b. What is the return on equity
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