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In 2018, FedEx had total assets of $54.5 billion, an asset turnover ratio of 1.61 times, and a net profit margin of 6.2%. a. What

In 2018, FedEx had total assets of $54.5 billion, an asset turnover ratio of 1.61 times, and a net profit margin of 6.2%.

a. What is FedEx's return on assets?

b. Find FedEx's ROE, given that 40.2% of the assets are financed with stockholders' equity.

(Round to two decimal places)

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In 2018, FedEx had total assets of $54.5 billion, an asset turnover ratio of 1.61 times, and a net profit margin of 6.2%. a. What

In 2018, FedEx had total assets of $54.5 billion, an asset turnover ratio of 1.61 times, and a net profit margin of 6.2%. a. What is FedEx's return on assets? b. Find FedEx's ROE, given that 40.2% of the assets are financed with stockholders' equity. (Round to two decimal places)

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In 2018, FedEx had total assets of $54.5 billion, an asset turnover ratio of 1.61 times, and a net profit margin of 6.2%.

a. What is FedEx's return on assets?

b. Find FedEx's ROE, given that 40.2% of the assets are financed with stockholders' equity.

(Round to two decimal places)