The Smythe Corporation's common stock is currently selling at $100 per share which represents a P/E ratio

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The Smythe Corporation's common stock is currently selling at $100 per share which represents a P/E ratio of 10. If the firm has 100 shares of common stock outstanding, a return on equity of 0.20, and a debt ratio of 0.67, what is its return on total assets?
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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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