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Sales revenue - 2 0 2 0 $ 7 3 6 , 2 2 6 $ 3 8 2 , 3 1 7 Interest expense
Sales revenue$$Interest expenseNet incomeTotal assetsTotal assetsStockholders' equityStockholders' equityNumerator $ millions Denominator $ millionsResultVIO Health ROA xGenesis Union ROAS kSelected balance sheet and income statement information for the drug retailers VIC Health Corporation and Genesis Union follows. Assume a statutory tax rate of a Compute the return on assets ROA for each company. Note: Enter your answers rounded to one digit after the decimal.b Disaggregate ROA into profit margin PM and asset turnover AT for each company. Note: Enter your answers rounded to one digit after the decimal.Numerator $ millionsDenominator S millionsResultVIO Health PMGenesis Union PMVIO Health ATGenesis Union ATPMXATROAVIO Health ROAGenesis Union ROAc Compute the return on equity ROE and return on financial leverage ROFL for each company. Note: Enter your answers rounded to one digit after the decimal.Numerator $ millionsDenominator $ millionsResultVIO Health ROEGenesis Union ROE Note: Enter your answers rounded to two digits after the decimal.ROFLVIO Health ROFLGenesis Union ROFLd Discuss any differences in these ratios for each company, Identify the factors that drives the differences in ROA observed from your analyses in parts. Answer all the ones with an x
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