Question
Compare the return on investment (ROI) of Amazon.com, Inc. and Alibaba Group Holding Limited using the following financial data: Item Amazon.com, Inc. Alibaba Group Holding
Compare the return on investment (ROI) of Amazon.com, Inc. and Alibaba Group Holding Limited using the following financial data:
Item | Amazon.com, Inc. | Alibaba Group Holding Limited |
Net Income | $15,000,000 | $12,000,000 |
Total Assets | $100,000,000 | $80,000,000 |
Total Liabilities | $40,000,000 | $30,000,000 |
Question:
Which company has a higher return on investment (ROI)? Calculate the ROI for each company and compare.
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
