The ordinary shares of Creative Living are now trading at R104 per share, which represents...
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The ordinary shares of Creative Living are now trading at R104 per share, which represents a price-earnings (P/E) ratio of 8,0 . If the company has 10000 shares of ordinary shares outstanding, a debt ratio of 40%, and the total liabilities are R 1400000 , what is its return on total assets (ROA)? 1. 3,71% 2. 12,01% 3. 16,72% 4. 26,92%
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