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17. The following table contains financial statement information for OMV Group (5 points) 2020 2017 ($ millions) Sales Net Profit (Loss) $22,930 3,298 36,961 15,342
17. The following table contains financial statement information for OMV Group (5 points) 2020 2017 ($ millions) Sales Net Profit (Loss) $22,930 3,298 36,961 15,342 2019 $20,222 1,486 31,576 14,334 2018 $19,260 (230) 32,112 13,925 Assets 32,664 14,298 Equity Required A. Determine OMV Group's return on assets (ROA) for 2020, 2019, and 2018? B. Determine OMV Group's profit margin (PM) for each of the three years 2018-2020 C. Determine OMV Group's asset turnover (AT) for each of the three years 2018-2020 D. Determine OMV Group's return on equity (ROE) for each of the three years 2018-2020 Notes: - Round ROA, PM and ROE answers to one decimal place (ex: 0.2345 = 23.5%) - Round AT answers to two decimal places (ex: 0.56789 = 0.57) - Use negative signs with answers, when appropriate 2020 2019 2018 Return on Assets (ROA) Profit Margin (PM) Asset Turnover Return on Equity (ROE) E. What factor is mainly responsible for the change in OMV'S ROA from 2018 to 2019? Is it Profit Margin (PM) or Asset Turnover (AT) or both? F. What factor is mainly responsible for the change in OMV'S ROA from 2019 to 2020? Is it Profit Margin (PM) or Asset Turnover (AT) or both
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