Question
Swift, Inc. has a profit margin of 4.9% on sales of $29,500,000. Assume the firm has debt of $9,450,000 and total assets of 13,200,000. What
Swift, Inc. has a profit margin of 4.9% on sales of $29,500,000. Assume the firm has debt of $9,450,000 and total assets of 13,200,000. What is the company's return on assets (ROA)? Round dollar answers to the nearest penny. Round percentage answers to two decimals. example .18468 = 18.47%
What is formula for ROA?
What is formula for profit margin?
What is the company's ROA?
What is the company's net income?
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The Value Investor's Handbook
Authors: Andrew P.C.
1st Edition
1098810449, 978-1098810443
