You are the new CFO of Risk Surfing Ltd, which has current assets of $7,920, net fixed assets of $17,700, current liabilities of $4,580 and long-term debts of $5,890. a. Calculate the return on assets of the company given that Return on Equity is 30%? b. What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
You are the new CFO of Risk Surfing Ltd, which has current assets of $7,920, net fixed assets of $17,700, current liabilities of $4,580 and long-term debts of $5,890. a. Calculate the return on assets of the company given that Return on Equity is 30%? b. What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 2P
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You are the new CFO of Risk Surfing Ltd, which has current assets of $7,920, net fixed assets of $17,700, current liabilities of $4,580 and long-term debts of $5,890.
a. Calculate the
b. What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
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