Question
Gordon wear has $800000 in assets and $200000 of total debts. It reports the net income from project is $100000. a) What is ROA B)
Gordon wear has $800000 in assets and $200000 of total debts. It reports the net income from project is $100000.
a) What is ROA
B) what is the return on shareholders equity
C) if the business has an asset turnover ratio of 2.75 times, what is the profit margin?
Please rearrange the financial statement in right format and calculate all the ration mentioned in the lecture for following company.
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
