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Compare the return on assets (ROA) of Alibaba Group Holding Limited and Tencent Holdings Limited for the year 2023: Company Alibaba Group Holding Limited Tencent
- Compare the return on assets (ROA) of Alibaba Group Holding Limited and Tencent Holdings Limited for the year 2023:
Company | Alibaba Group Holding Limited | Tencent Holdings Limited |
Net Income | $50 billion | $60 billion |
Total Assets | $300 billion | $400 billion |
- Question:
- Calculate the return on assets (ROA) for both Alibaba Group Holding Limited and Tencent Holdings Limited. Which company has a higher ROA?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
