Problem 29-2 Performance Measures

Posted Under: Corporate Finance

Ask A Question
DESCRIPTION
Posted
Modified
Viewed 8

Keller Cosmetics maintains an operating profit margin of 8.15% and a sales-to-asset ratio of 3.20. It has assets of $530,000 and equity of $3330,000. Assume that interest payments re $33,000 and the tax rate is 30%. What is the return on assets? What is the return on equity?

This order does not have tags, yet.

Attachments

No uploads for this question

Explanations and Answers 0

No answers posted

Post your Answer - free or at a fee

Login to your tutor account to post an answer

Posting a free answer earns you +20 points.

Login

NB: Post a homework question for free and get answers - free or paid homework help.

Get answers to: Problem 29-2 Performance Measures or similar questions only at Tutlance.

Related Questions