Question

1. Total assets of Company B are $3 million and Sales are $1 million for 2018 year. During the year end, the company makes a net income of $240,000 and its shareholders' equity of $600,000. Calculate ROE of Company B
2. Exxon's total assets for 2017 were $347 million and reported net income $19.7 million. What is the Exxon's ROA for 2017?
3. ABC had total net sales of $ 10 billion at the end of its fiscal year. Its total assets were $3 billion at the beginning of the fiscal year and $5 billion at the end. What is the Total Asset Turnover of the ABC?