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ment 8 : Chapter 8 Question 1 1 of 2 8 Boga Corporation's 2 0 X 2 financial statements reported the items shown with 2

ment 8: Chapter 8
Question 11 of 28
Boga Corporation's 20X2 financial statements reported the items shown with 20X1 figures given for comparison (af
View the financial statements.
Compute Boga's return on assets and return on common equity for 20X2. Evaluate the rates of return as strong or
Compute Boga's return on assets and return on common equity for 202.
Start by calculating the rate of return on assets (ROA). Select the formula needed, and then enter the amounts to c problem statement, X.X. Round your answer to the nearest whole number. Round the percentage to the ne
= ROA
=,%
Compute the rate of return on common shareholders' equity (ROE). Select the formula needed, and then enter the the problem statement, X.X. Round your answer to the nearest whole number. Round the percentage to the
(
Evaluate the rates of return as strong or weak. Use a benchmark of 10% for return on assets and 15% for return or
Boga's rate of return on total assets for 202 is Boga's rate of return on common shareholders' equity f
What additional information would be helpful in making this decision? (If an input field is not used in the table, le
\table[[,202,201
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