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a. Yes or No are the two options b. 2017 or 2018 are the two options c. Positive or Negative are the two options e.
a. Yes or No are the two options
b. 2017 or 2018 are the two options
c. Positive or Negative are the two options
e. the four options are
The company's profitability weakened considerably.
The company's profitability weakened considerably and its productivity fell.
The company had markedly more assets in 2018.
The company had a marked drop in revenue in 2018.
Computing and Interpreting Financial Statement Ratios Following are selected ratios of Norfolk Southern for 2018 and 2017. Return on Assets (ROA) Component 2018 2017 Profitability (Net income/Sales) 25.39 53.2% Productivity (Sales/Average assets) 0.338 0.319 a. Was the company profitable in 2018? b. Was the company more profitable in 2018 or 2017? c. Is the change in productivity a positive or negative development? d. Compute the company's ROA for 2018 and for 2017. Note: Round answers to one decimal places (example: 10.4%). ROA 2018 0 % 2017 0 % e. From the information provided, which of the following best explains the change in ROA during 2018Step by Step Solution
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