A company has the following items for the fiscal year 2020 Revenue 10 million Net income 2 million Total Equity 20 million Total Assets 30 million Calculate the companys ROA and ROE ( You need to show (1) the formula and (2) your calculation process )

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A company has the following items for the fiscal year 2020: Revenue =10 million Net income = 2 million Total Equity = 20 million Total

A company has the following items for the fiscal year 2020:

Revenue =10 million
Net income = 2 million
Total Equity = 20 million
Total Assets = 30 million

Calculate the companys ROA and ROE

(You need to show (1) the formula and (2) your calculation process.)

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