Answered step by step
Verified Expert Solution
Question
1 Approved Answer
need to solve requirement 4 plzz! Requirement 4. Use a DuPont Analysis to calculase the rate of retum on avverage total assets (ROA) for 2019
need to solve requirement 4 plzz!
Requirement 4. Use a DuPont Analysis to calculase the rate of retum on avverage total assets (ROA) for 2019 through 2021 Begin by selecting the ROA formula using the DuPont andysis and then enter the amounts to cadculate the rato. (Enter percentages rounded to one-tenth percent, Xx. Enter other component rafion decimals to three places, X0. Data table Requirements 1. Calculate trend percentages for each item for 2018 through 2021. Use 2017 as the base year and round to the nearest percent. 2. Calculate the rate of return on net sales for 2019 through 2021 , rounding to the nearest one-tenth percent. Explain what this means. 3. Calculate asset turnover for 2019 through 2021. Explain what this means. 4. Use a DuPont Analysis to calculate the rate of return on average total assets (ROA) for 2019 through 2021. 5. How does Amble Shipping's return on net sales for 2021 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding. 6. Evaluate the company's ROA for 2021 , compared with previous years and against an 18% benchmark for the industry Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started