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Pony Express Company has $750,000 in assets and $300,000 of debt. The income for the year is $55,000. Calculate the ROA. (Round the final answer
Pony Express Company has $750,000 in assets and $300,000 of debt. The income for the year is $55,000.
- Calculate the ROA. (Round the final answer to 2 decimal places.)
ROA %
- What is the return on shareholders equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Shareholders equity %
- If the asset turnover ratio is 2.2 times, what is the profit margin? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Profit margin %
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