Question

Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $4 million. What is Price Printing Company's return on assets?
A.37.5%
B.12.5%
C.30.0%
D.25.0%
E.20.0%

Answer

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