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Analysis of Return on Assets (ROA)Please calculate Homework Corp.'sROAfor both 2023 and 2024 and conduct a DuPont Analysis forboth 2023 and 2024. In other words,

  Analysis of Return on Assets (ROA)Please calculate Homework Corp.'sROAfor both 2023 and 2024 and conduct a DuPont Analysis forboth 2023 and 2024. In other words, calculate ROA for both 2023 and 2024 and decompose ROA foreach year intoProfit MarginandTotal Asset Turnover. Explain in detail what each component ofROA reveals. How, if at all, have ROA and its components changed over time, and what does thisinformation reveal? Are there any limitations to these ratios?

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To calculate Return on Assets ROA we use the formula ROA Net Income Average Total Assets For Homework Corp lets assume the following information Net I... blur-text-image

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