(LO 5-3) As part of descriptive analytics, determine which retail company (Amazon, Walmart, Target, or Kroger) has...
Question:
(LO 5-3) As part of descriptive analytics, determine which retail company (Amazon, Walmart, Target, or Kroger) has the highest return on assets. Go to their respective websites on finance.yahoo.com and key in their respective ticker symbols (Amazon =
AMZN; Walmart = WMT; Target = TGT; Kroger = KR); click on the financials tab to get their net income and average total assets to compute return on total assets.
Required:
a. Which one did you expect would be the highest? Which one is the highest? Were you correct?
b. Which one did you expect would be the lowest? Which one is the lowest? Were you correct?
c. How would you go about finding if one of the company’s ROAs is statistically different than that of the population?
Step by Step Answer:
Introduction To Data Analytics For Accounting
ISBN: 9781266358234
2nd Edition
Authors: Vernon Richardson, Katie Terrell And Ryan Teeter