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Computing and Interpreting Financial Statement Ratios Following are selected ratios of Norfolk Southern for 2018 and 201 1'. Return on Assets (RCA) Component 201B 201?
Computing and Interpreting Financial Statement Ratios Following are selected ratios of Norfolk Southern for 2018 and 201 1'. Return on Assets (RCA) Component 201B 201? Profitability {Net incomEJ'Salesl 23.3% 51.2% Productivity{Saleszverageassetsl 0.318 0.299 a. Was the company profitable in 2018? ' T b. Was the company more profitable in 2018 or 201?? ' v c. Is the change in productivity a positive or negative development? {1. Compute the company's RDA for 2018 and for 2017'. Note: Round answers to one decimal places (example: 10.4%). 2018 0% 2017' 0% e. From the information provided, which of the following best explains the change in RDA during 2018? 0
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