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What are North-South return on assets

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Problem - North/South Airlines generated the following information from its financial statements: (1) P/E ratio equals 15.0, (2) common stock market price per share is $30, (3) fixed assets turnover equals 8.0, (4) current ratio equals 5.0, (5) current liabilities equal $300,000, (6) net profit margin equals 4 percent, and (7) 60,000 shares of common stock are outstanding. What are North/South's return on assets (ROA) and total assets turnover?

Reference no: EM132697197

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