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QUESTION 4 Not complete Points out of 7.00 P Flag question Computing Return on Equity and Return on Assets The following table contains financial statement
QUESTION 4 Not complete Points out of 7.00 P Flag question Computing Return on Equity and Return on Assets The following table contains financial statement information for Wal-Mart Stores, Inc. (s millions) Total Assets Net Income Sales Equity 2013 $203,105 $16,999 $469,162 $81,738 193,406 15.699 446.950 75,761 2012 2011 180,782 16.389 421,849 71.247 (a) Compute the return on equity (ROE) for 2012 and 2013. (Round your answers to one decimal place.) 2013 ROE 3 2012 ROE What trend, if any, is evident? How does Wal-Mart's ROE compare with the approximately 21.5% median ROE for companies in the Dow Jones Industrial average? O Wal-Mart's ROE decreased from 2012 to 2013 and is similar to the median for other companies in the Dow Jones average O Wal-Mart's ROE increased slightly from 2012 to 2013 and is slightly above the median for other companies in the DowJones average. O Wal-Mart's ROE increased from 2012 to 2013 and is similar to the median for other companies in the DowJones average. O Wal-Mart's ROE decreased from 2012 to 2013 but still exceeds the median for other companies in the Dow Jones average. (b) Compute the return on assets (ROA) for 2012 and 2013. (Round your answers to one decimal place.) 2013 ROA 2012 ROA
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