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Fivio Co. reports the following Information. Total assets, December 31 Net income Current Year $760,eee 29, 280 1 Year Ago $282.ee 46,688 2 Years Ago
Fivio Co. reports the following Information. Total assets, December 31 Net income Current Year $760,eee 29, 280 1 Year Ago $282.ee 46,688 2 Years Ago $502,eee 39, 156 Required: 1. Compute return on total assets for the current year and for 1 year ago 2 Is Fivo more efficient or less efficient in using total assets to produce income in the current year versus 1 year ago? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute return on total assets for the current year and for 1 year ago Return On Total Assets Choose Numerator: 1 Choose Denominator: 1 1 Return On Total Assets Return On Total Assets One year ago Current year 1 = (Required 1 Required 2 > Fivio Co. reports the following Information Total assets, December 31 Net income Current Year $768,eee 29,200 1 Year Ago $282,000 46,600 2 Years Ago $502,00 39, 156 Required: 1. Compute return on total assets for the current year and for 1 year ago. 2 Is Fivio more efficient or less efficient in using total assets to produce income in the current year versus 1 year ago? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Is Fivio more efficient or less efficient in using total assets to produce income in the current year versus 1 year ago? Is Fivio more efficient or less efficient in using total assets to produce income in the current year versus 1 year ago?
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