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Pony Exprens Company has $750,000 in assets and $300,000 of debt The income for the year is $55,000 a. Caiculate the ROA (Plound the final
Pony Exprens Company has $750,000 in assets and $300,000 of debt The income for the year is $55,000 a. Caiculate the ROA (Plound the final answer to 2 decimal places.) ROA b. What is the retum on shareholders' equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Sharehoiders' equity c. It the asset turnover ratio is 22 times, what is the profit margin? (Do not round intermediote calculations. Round the final answar: to 2 decimal ploces.) Proft margin
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