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calculate the average total asset for each year, and calculate the ROI for 20, 19 using Dupont method what tool should used to decide if
- calculate the average total asset for each year, and calculate the ROI for 20, 19 using Dupont method
- what tool should used to decide if a new project should be undertaken?Why would a manager use ROI instead?Which performance measurement tool aligns well with the decision-making tool?
2020 Current assets Total assets 2019 2018 500,000 600,000 1,400,000 1,700,000 550,000 1,500,000 Current liabilities 350,000 340,000 300,000 Total liabilities 730,000 790,000 650,000 Shareholders' Equity 670,000 1,110,000 950,000 Sales revenue $2,100,000 $2,300,000 $1,650,000 Operating income 260,000 275,000 200,000 Net income 300,000 245,000 150,000
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