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nt ences Net sales Net income Average shareholders' equity Average total assets Required: $ 1,139,248 Current Year Prior Year $1,187,871 3,544 (205,984) 589,897 5,966 (307,335)
nt ences Net sales Net income Average shareholders' equity Average total assets Required: $ 1,139,248 Current Year Prior Year $1,187,871 3,544 (205,984) 589,897 5,966 (307,335) 653,309 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute ROA for the current and prior years. Note: Round your answers to 3 decimal places. ROA Current Year Prior Year Net sales Net income Average shareholders' equity Average total assets Required: Current Year $ 1,139,248 5,966 (307,335) 653,309 Prior Year $1,187,871 3,544 (205,984) 589,897 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Increase Decrease
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