Price Printing Co. had sales of $12 million, operating income of $4 million, after-tax income of $2 million, assets of $8 million, stockholders' equity of $6 million, and a total debt of $4 million. What is Price Printing Company's return on equity?
Price Printing Co. had sales of $12 million, operating income of $4 million, after-tax income of $2 million, assets of $8 million, stockholders' equity of $6 million, and a total debt of $4 million. What is Price Printing Company's return on equity?
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 2P
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What is price printing company's return on equity?

Transcribed Image Text:Price Printing Co. had sales of $12
million, operating income of $4
million, after-tax income of $2
million, assets of $8 million,
stockholders' equity of $6 million,
and a total debt of $4 million. What
is Price Printing Company's return
on equity?
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