The Meryl Corporation's ordinary shares currently are selling at R100 per share, which represents a P/E ratio of 10.If the firm has 100 ordinary shares outstanding, a return on equity of 20 percent, and a debt ratio of 60 percent, what is its return on total assets (ROA)?

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The Answer of The Meryl Corporation's ordinary shares currently are selling at R100 per share, which represents a P/E ratio of 10.If the firm has 100 ordinary shares outstanding, a return on equity of 20 percent, and a debt ratio of 60 percent, what is its return on total assets (ROA)?

The Meryl Corporation's Ordinary Shares Currently Are Selling at R100