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Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? Toyama Corporation's 2021 financial statements reported
Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision?
Toyama Corporation's 2021 financial statements reported the following information, with 2020 figures shown for comparison (adapted, and in millions): (Click the icon to view the data.) use the DuPont model to compute Toyama'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? (Y is the symbol for the Japanese yen.) use the DuPont model to compute Toyama's return on assets and return on common equity for 2021 Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROAfor 2021. (Ignore Interest Expense in the ROA calculation. Round percentages to one decimal place, X and other component ratios to three decimal places, XXXX.) Net profit margin ratio 1.6 Asset turnover 0.759 ROA 12 % Calculate the rate of return on common stockholders' equity (ROE). Select the DuPont model formula needed and then enter the amounts to calculate ROE for 2021. (Ignore Interest Expense in the ROAcalculation. Round intermediary dollar amounts to the nearest whole dollar Enter percentages to one decimal place, and other component ratios to three decimal places, XXXX.) Return on assets (ROA) 12 Leverage ratio 3.301 ROE Evaluate the rates of retum as strong or weak. What additional information would be helpful in making this decision? Toyama's rate of retum on total assets for 2021 is weak Toyama's rate of retum on common stockholders' equity for 2021 is strong
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