Business Homework Solutions
#55272
Calculate the return of total assets for a common stock
32. A common stock currently is selling at $100 per share, which represents a P/E ration of 10. If the firm has 100 shares of common stock outstanding, a return on equity of 20%, and debt ratio of 60%, what is its return on total assets (ROA)
8.0
10.0
12.0
16.7
20.0
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