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Given the following data: Annual Sales = $1,000,000, Total Assets = $750,000; Common Equity = $600,000 Net income (NI) = $135,000; EBIT = $200,000; Calculate
Given the following data: Annual Sales = $1,000,000, Total Assets = $750,000; Common Equity = $600,000 Net income (NI) = $135,000; EBIT = $200,000; Calculate the Return on assets (ROA) ratio: If the Industry Average for the ratio 15%: then this ratio is:
| Poor |
| Equal to industry average |
| Need more data |
| Good |
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