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5 Exercises 1 3 w 2006x Average total assets Average interest-bearing debt Average other liabilities Average shareholders' equity Sales Interest expense Net income Required: The
5 Exercises 1 3 w 2006x Average total assets Average interest-bearing debt Average other liabilities Average shareholders' equity Sales Interest expense Net income Required: The following information is from the 20X1 annual report of Weber Corporation, a company that supplies manufactured parts to the household appliance industry. Saved 1. ROA 2 pe here to search Profit margin Asset turnover ROA 1. Compute Weber Corporation's return on assets (ROA) for 20X1 using a combined federal and state income tax rate of 25% where needed. Prev 2. Compute the profit margin and asset turnover components of ROA for 20X1. 3. Weber's management believes that various business initiatives will produce an asset turnover rate of 2.25 next year. If the profit margin next year is unchanged from 20X1, what will be the company's ROA? Help (Do not round your intermediate calculations. Round your final answers to 2 decimal places.) 1 of 4 % Save & Exit times % *** $24,500,000 10,000,000 2,250,000 12,250,000 49,000,000 400,000 2,450,000 Next > Check my work Subm I
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