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1. Return on Assets(ROA) Component 2015 2014 Profitability (Net income/Sales) 9.20% 13.30% Productivity (Sales/Average assets)1.41% 1.32% Compute the company's ROA for 2015. Round answer to

1.

Return on Assets(ROA) Component 2015 2014

Profitability (Net income/Sales) 9.20% 13.30%

Productivity (Sales/Average assets)1.41% 1.32%

Compute the company's ROA for 2015.

Round answer to one decimal place (ex: 0.2345 = 23.5%).

2.Computing Return on Assets and Applying the Accounting Equation

Assume Nordstrom Inc. reports net income of $567 million for its fiscal year ended January 2016. At the beginning of that fiscal year, Nordstrom had $9,134 million in total assets. By fiscal year ended January 2016, total assets had decreased to $7,587 million.

What is Nordstrom's ROA?

Round answer to one decimal place (ex: 0.2345= 23.5%).

3. Computing Return on Equity

Starbucks reports net income for 2015 of $2,558.4 million. Its stockholders' equity is $5,716 million and $6,262 million for 2014 and 2015, respectively.

a. Compute its return on equity for 2015.

Round answer to one decimal place (ex: 0.2345 = 23.5%

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