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Find what is the return on total assets

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Question 1: The Tassel Corporation's common stock currently is selling at $50 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 10 per cent, and a debt ratio of 50 per cent, what is its return on total assets (ROA)?

Reference no: EM132606265

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