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evaluate profit performance relative to all 3 industries. Profitability Ratios The return on assets give an idea of how effective the company is in converting
evaluate profit performance relative to all 3 industries.
Profitability Ratios The return on assets give an idea of how effective the company is in converting the money in invests into net income. The higher the return on assets - the better because the company is earning more money on less investment Walmart Target Costco 2018 20172016 2018 201720162018 2017 2016 5.14% 7.18% 7.55 % 7.21% 7.12% 8.24 % 7.78 % 7.46 % 7.16% The return on equity show how much profit each dolar of common stockholders equity generates Costco Target Walmar 2018 2017 2016 2018 2017 2016 2018 2017 2016 13.02 17.74 18.03 24.95 25.34 25.63 24.26 24.49 19.26Step by Step Solution
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