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Can you help me with my homework problems
Chapter 15 – Problems” 15-9 Shao Electronics has net assets of $605 million and stock holders equity of $355 million. It ha
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Answer #1

15-9) Return on equity = 18.41%

15-10) price of share = $15
P/E ratio = 5.88 times

a) Net Income RO A = 10.8. A ssets debt =4250 ASsetsGo buiy355 RoE= Net Incorme Epueity GoSX10- 8. 955 PoE -NetIneome Equtty

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