Stockholder's equity P 120 million Retum on assets 9%% Retum on shareholders' equity 2 Case C: Return on equity 12% Debt ratio 40% Retum on assets 2 Case D: Market price per share P 120.00 Price-earnings ratio 4 times Net income P 1.5 million Common stock outstanding Case E: Total assets P 5 million Ordinary shares outstanding 2.5 million Preference shares outstanding 1 million Net income P 750,000 Depreciation expense 500,000 Cash flow to total liabilities Case F: Retum on asset 24% Asset turnover 1.6 times Profit margin ratio Case G: Current assets P 200,000 Inventory 80,000 Quick ratio 2 to 1 Current liabilities 2