Please refer back to the slide in Mod 1 with the 8 companies I highlighted the NET PROFIT ratio for and, using some research can you come up with the ROA the return on assets for these companies? Yahoo, Apple, J&J, Starbucks, P&G, Home Depot, Target, CVS.

Financial Accounting for MBAs, Easton, Wild, Halsey, and McAnally, Cambridge Business Publishers, Seventh edition. ISBN 978-1-61853-231-2

Expenses Cost of goods sold (COGS, also called cost of sales) the amount Under Armour paid to purchase or manufacture the goods (inventories) that it sold. Gross profit = Revenues - Cost of goods sold Selling, general, and administrative expenses (SG&A)the overhead of the company, including Salaries Marketing costs Occupancy costs HR and IT costs All the other operating expenses the company incurs. Net Income The ability of companies to create barriers to competitive pressure, either by patent protection, effective marketing, etc. is a key factor in determining their level of profitability. Net Income as a Pecent of Sales Aile Apple Comcat om Home Statement of Stockholders' Equity Reports on year-over-year changes in the equity accounts that are reported on the balance sheet: Contributed capital, the stockholders' net contributions to the company, Retained earnings, net income over the life of the company minus all dividends ever paid. Other equity, consists of amounts we explain later in the book. Expenses Cost of goods sold (COGS, also called cost of sales) the amount Under Armour paid to purchase or manufacture the goods (inventories) that it sold. Gross profit = Revenues - Cost of goods sold Selling, general, and administrative expenses (SG&A)the overhead of the company, including Salaries Marketing costs Occupancy costs HR and IT costs All the other operating expenses the company incurs. Net Income The ability of companies to create barriers to competitive pressure, either by patent protection, effective marketing, etc. is a key factor in determining their level of profitability. Net Income as a Pecent of Sales Aile Apple Comcat om Home Statement of Stockholders' Equity Reports on year-over-year changes in the equity accounts that are reported on the balance sheet: Contributed capital, the stockholders' net contributions to the company, Retained earnings, net income over the life of the company minus all dividends ever paid. Other equity, consists of amounts we explain later in the book