You are interested in the stock of ATLECOM Inc. You have collected the following stock...

70.2K

Verified Solution

Question

Accounting

You are interested in the stock of ATLECOM Inc. You have collected the following stock data:

ATLECOM Inc

Dividend per share (annual t=0)

Current stock market price

Market price to book value ratio

Earnings per share (annual t=0)

Required rate of return (annual)

Net profit margin

Number of shares outstanding

Assets to equity ratio

Beta

Sales

1.24$

28.55$

1

2.69$

10%

6%

5 000 000

1.4

1.3

224 166 666$

Determine the return on equity of ATELCOM for the last year (ROA)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students