GOME (www.GOME.com.hk) is the leading chain retailer of consumer electronic products and household appliances in China, and
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Key Figure* Renminbi (RMB) in Thousands
Average assets . . . . . . . . . 28,666,299
Net income . . . . . . . . . . . . 1,048,160
Revenues . . . . . . . . . . . . . . 45,889,257
Return on assets . . . . . . . 3.7%
Required
1. Identify any concerns you have in comparing GOME’s income and revenue figures to those of Best Buy and RadioShack (in BTN 1-2) for purposes of making business decisions.
2. Identify any concerns you have in comparing GOME’s return on assets ratio to those of Best Buy and RadioShack (computed for BTN 1-2) for purposes of making business decisions.
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