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 ...

Computation of the return on total assets Form ...

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

Question:

The Smythe Corporation's is currently selling at $100 per share which represents a P/E ratio of 10. If the firm has 100 shares of outstanding, a return on equity of 0.20, and a debt ratio of 0.67, what is its return on total assets?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...