Question
b. The middle graphic shows income statement data and Thermo Fishers market capitalization (the value of all the companys stock) each year. i. From 2009
b. The middle graphic shows income statement data and Thermo Fishers market capitalization (the value of all the companys stock) each year. i. From 2009 to 2017, revenue roughly doubled from $10,110 million to $20,918 million. What was the growth in net income over that period? Compute net income growth as a percentage. Round answer to one decimal place (ex: 1.2345 = 123.5%)
ii. What is the companys market cap in 2018?
iii. Use data from the left and middle graphics to calculate return on assets (ROA) and return on equity (ROE) for 2018. Round your answers to one decimal place (ex: 0.2345 = 23.5%).
ROA | ROE |
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