23. (6 points) SWA Inc. operates with three divisions: Thailand, Vietnam, Talwan. Below are selected results for each division over the last two years.
23. (6 points) SWA Inc. operates with three divisions: Thailand, Vietnam, Talwan. Below are selected results for each division over the last two years. Revenues: Thailand 2023 1,700,000 2022 1,600,000 Vietnam 240,000 480,000 Taiwan 660,000 880,000 Operating Income: Thailand 280,000 180,000 Vietnam 60,000 80,000 Taiwan 160,000 180,000 Average Total Assets: Thailand 2,000,000 1,830,000 Vietnam 420,000 480,000 Taiwan 920,000 960,000 Number of Managers: Thailand 12 10 Vietnam 8 Taiwan 7 10 7 a. Calculate Return on Assets (ROA) for SWA Inc. In 2023 and 2022 (report percentages rounded two decimals). b. Calculate Return on Sales (ROS) for SWA Inc. In 2023 and 2022 (report percentages rounded two decimals). c. Industry Averages are 16% for ROA and 20% for ROS In 2023 and 2022. Discuss SWA Inc.'s performance compared to Industry averages (do not repeat calc's from above).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Given Data 2023 Revenues Thailand 1700000 Vietnam 240000 Taiwan 880000 Operating Income Thailand 280000 Vietnam 60000 Taiwan 180000 Average Total Asse...
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Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
