Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $4 million. What is Price Printing Company's return on assets? a. 37.5% b. 12.5% c. 30.0% d. 25.0% e. 20.0%

Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $4 million. What is Price Printing Company's return on assets? a. 37.5% b. 12.5% c. 30.0% d. 25.0% e. 20.0%

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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Question

What is price printing company's return on assets?

Price Printing Co. had sales of $10 million, operating income of $3
million, after-tax income of $1 million, assets of $8 million,
stockholders' equity of $5 million, and a total debt of $4 million.
What is Price Printing Company's return on assets?
a. 37.5%
b. 12.5%
c. 30.0%
d. 25.0%
e. 20.0%

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