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Don't copy answers from other cheggers. Thank you. Cheshima Corporation's 2021 financial statements reported the following items, with 2020 figures given for comparison (adapted and
Don't copy answers from other cheggers. Thank you.
Cheshima Corporation's 2021 financial statements reported the following items, with 2020 figures given for comparison (adapted and in millions, is the symbol for the Japanese yen): (Click the icon to view the financial statements.) Compute Cheshima's return on assets and return on common equity for 2021. Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? Compute Cheshima's return on assets and return on common equity for 2021. Start by calculating the rate of return on assets (ROA). Select the formula needed, and then enter the amounts to compute ROA for 2021. (Enter amounts in millions as provided to you in the problem statement. Round amounts in the formula to the nearest whole million. Round the final answer to one decimal place, X.X%.) Compute the rate of return on common shareholders' equity (ROE). Select the formula needed, and then enter the amounts to compute ROE for 2021. (Enter amounts in millions as provided to you in the problem statement. Round amounts in the formula to the nearest whole million. Round the final answer to one decimal place, X.X\%.) Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? Cheshima's rate of return on total assets for 2021 is Cheshima's rate of return on common shareholders' equity for 2021 is What additional information would be helpful in making this decision? (Leave unused cells blank.) Financial Statements tart by calculating the rate of return on assets (ROA). Select the formula needed, and then enter the amounts to compute ROA for 2021 . (Ent roblem statement. Round amounts in the formula to the nearest whole million. Round the final answer to one decimal place, X.X%.) ])11=ROA)1=% ' (ROE). Select the formula needed, and then enter the amounts to compute ROE rmula to the nearest whole million. Round the final answer to one decimal pla inal information would be helpful in making this decision? Cheshima's rate of return on common shareholders' equity for 2021 is decision? (Leave unused cells blank.) Cheshima's rate of return on total assets for 2021 is Cheshima's rate of return on common shareholders' equity for 2021 is What additional information would be helpful in makir ave unused cells blank.) average. strong. weak. What additional information would be helpful in making this decision? (Leave unused cells blank.)Step by Step Solution
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