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Compute, Disaggregate and Interpret ROE and ROA Selected balance sheet and income statement information from Staples, Inc., follows ($ millions). a. Compute the 2014 return
Compute, Disaggregate and Interpret ROE and ROA Selected balance sheet and income statement information from Staples, Inc., follows (\$ millions). a. Compute the 2014 return on equity (ROE), return on assets (ROA), and return on financial leverage (ROFL). Use 35% as the incremental tax rate. Round answers to one decimal place (i.e., 0.2568=25.7% ). Do not round until your final answer. b. Disaggregate ROA into profit margin (PM) and asset turnover (AT). Round answers to one decimal place (i.e., 0.2568=25.7% ). Do not round until your final
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