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3. Pandora Inc. reported sales of $22,000,000, total assets at the end of the year of $28,500,000, $14,500,000 of which is property, plant, and equipment,
3. Pandora Inc. reported sales of $22,000,000, total assets at the end of the year of $28,500,000, $14,500,000 of which is property, plant, and equipment, and total assets at the beginning of the year of $26,300,000. The company has net income of $4,555,000, stockholders' equity at the end of the year of $12,500,000 and stockholders' equity at the beginning of the year of $11,510,000. What is the company's asset turnover ratio? What is their Return on Investment? What is their ROE
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