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Problem 3 - 1 6 ( Static ) Pony Express Company has $ 7 5 0 , 0 0 0 in assets and $ 3
Problem Static
Pony Express Company has $ in assets and $ of debt. The income for the year is $
a Calculate the ROA.
Note: Round the final answer to decimal places.
ROA
b What is the return on shareholders' equity?
Note: Do not round intermediate calculations. Round the final answer to decimal places.
Shareholders'equity
c If the asset turnover ratio is times, what is the profit margin?
Note: Do not round intermediate calculations. Round the final answer to decimal places.
Profit margin
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