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?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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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 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?

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