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Question 6 --/1 View Policies Current Attempt in Progress Selected information for Metro Inc. for the most recent three years is as follows (dollar amounts
Question 6 --/1 View Policies Current Attempt in Progress Selected information for Metro Inc. for the most recent three years is as follows (dollar amounts are in millions): Net income Assets, beginning of year Assets, end of year Sales Return on common shareholders' equity Return on assets Debt to total assets Asset turnover Profit margin 2015 $506 $5,280 $5,387 $12,224 19.1% 9.5% 50.9 % 2014 $447 $5,064 $5,280 $11,590 16.3 % 8.6 % 49.5 % 2.2 times 3.9% 2013 $712 $5,155 $5,064 $11,403 26.7% 13.9% 44.7% 2.2 times 6.2 % 2.3 times 4.1 % What event most likely caused the high amount of profitability in 2013? B 1 U . T? TE : = 99 TO TT O Word(s) What was the main driver of the company's return on assets over these three years? Explain. TE T TO 1 lilil 1 O Word(s) e Textbook and Media What was the main driver of the company's return on common shareholders' equity over these three years? Explain. B 1 1 U TE T TE Iel 9 TT O Word(s) Question 6 --/1 View Policies Current Attempt in Progress Selected information for Metro Inc. for the most recent three years is as follows (dollar amounts are in millions): Net income Assets, beginning of year Assets, end of year Sales Return on common shareholders' equity Return on assets Debt to total assets Asset turnover Profit margin 2015 $506 $5,280 $5,387 $12,224 19.1% 9.5% 50.9 % 2014 $447 $5,064 $5,280 $11,590 16.3 % 8.6 % 49.5 % 2.2 times 3.9% 2013 $712 $5,155 $5,064 $11,403 26.7% 13.9% 44.7% 2.2 times 6.2 % 2.3 times 4.1 % What event most likely caused the high amount of profitability in 2013? B 1 U . T? TE : = 99 TO TT O Word(s) What was the main driver of the company's return on assets over these three years? Explain. TE T TO 1 lilil 1 O Word(s) e Textbook and Media What was the main driver of the company's return on common shareholders' equity over these three years? Explain. B 1 1 U TE T TE Iel 9 TT O Word(s)
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