Find return on total assets if p-e ratio is given


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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Finance Basics: Find return on total assets if p-e ratio is given
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