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S 1-21 (Algo) Computing and interpreting return on assets LO A2 Home Demo reported the following results. Sales $ 95 billion Net income $ 10
S 1-21 (Algo) Computing and interpreting return on assets LO A2 Home Demo reported the following results. Sales $ 95 billion Net income $ 10 billion Average total assets $ 62 billion (a) Compute Home Demo's return on assets. (b) Is Home Demo's return on assets better than the 8% return of Lows Hardware (a competitor)? Complete this question by entering your answers in the tabs below. Required A Required B Compute Home Demo's return on assets. (Enter the values in billions.) Numerator: / Denominator: Return on assets QS 1-21 (Algo) Computing and interpreting return on assets LO A2 Home Demo reported the following results. Sales Net income $ 95 billion. $ 10 billion Average total assets $ 62 billion (a) Compute Home Demo's return on assets. (b) Is Home Demo's return on assets better than the 8% return of Lows Hardware (a competitor)? Complete this question by entering your answers in the tabs below. Required A Required B Is Home Demo's return on assets better than the 8% return of Lows Hardware (a competitor)? Is Home Demo's return on assets better than the 8% return of Lows Hardware (a competitor)? < Required A Required B >
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