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An analyst calculated the following financial ratios for firms A and B. RATIO Firm A Firm B ROA 8.4% 3.2% TIE 1.3 4.3 PE 5.6
An analyst calculated the following financial ratios for firms A and B.
RATIO | Firm A | Firm B |
ROA | 8.4% | 3.2% |
TIE | 1.3 | 4.3 |
PE | 5.6 | 16.2 |
Which firm has the best use of its assets?
To answer write the value of the ratio in the table. Should the number be a percentage, just write the value without the symbol (i.e. 15% enter 15).
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