Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

The calculated Return on assets for BHP Group is 23.64% for year 2021 and 33.12% for year 2022. Explain the ratio and interpret what the

The calculated Return on assets for BHP Group is 23.64% for year 2021 and 33.12% for year 2022. Explain the ratio and interpret what the results mean.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial & Managerial Accounting

Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello

15th Edition

0073526991, 9780073526997

More Books

Students also viewed these Accounting questions

Question

★★★★★

Under a reimbursement plan that has been in effect for 5 years, Simmons Corporation advances travel expenses to its sales employees. The advances are deducted from the employees commissions as they...

Answered: 1 week ago

Question

★★★★★

70. An instructor who taught two sections of engineering statistics last term, the first with 20 students and the second with 30, decided to assign a term project. After all projects had been turned...

Answered: 1 week ago

Question

★★★★★

Using the large sample confidence interval formula for the mean, compute a 99% confidence interval for the mean when (a) ???? = 121, ???? = 56.8, and ???? = 5.3. (b) ???? = 198, ???? = 1.25, and ????...

Answered: 1 week ago

Question

★★★★★

Develop an arithmetic example that illustrates how a nation could have an absolute disadvantage in the production of two goods and could still have a comparative advantage in the production of one of...

Answered: 1 week ago

Question

★★★★★

3 C 2 H 5 O H + 2 N a 2 C r 2 O 7 + 8 H 2 S O 4 3 C H 3 C O O H + 2 C r 2 ( S O 4 ) 3 + 2 N a 2 S O 4 + 1 1 H 2 O Fresh C 2 H 5 O H is fed in one inlet stream at a rate of 1 0 0 0 . 0 g h r ( 1 ) ;...

Answered: 1 week ago

Question

★★★★★

Cool Beats incurred $280,000 of manufacturing overhead costs during the year. However, only $240,000 of overhead was applied to production. Required: Explain whether the company has over-applied or...

Answered: 1 week ago

Question

★★★★★

Suppose you are the operations manager at an airline company. The company guarantees its customers that its flights are delayed by at most three minutes on average, as opposed to much higher figures...

Answered: 1 week ago

Question

★★★★★

CASE 9-29 Master Budget for a Manufacturer [LO3, LO4] Garneau Manufacturing Ltd. produces and distributes a special type of chemical compound called Compound WX. The information below about Garneau's...

Answered: 1 week ago

Question

★★★★★

The master budget at Monroe Manufacturing last period called for sales of 43,500 units at $57 each. The costs were estimated to be $41 variable per unit and $539,000 fixed. During the period, actual...

Answered: 1 week ago

Question

★★★★★

Which sentence best explains a paragraph? a A collection of sentences that discuss several ideas. b A collection of ideas in many sentences to explain a topic. c A paragraph is a collection of...

Answered: 1 week ago

Question

★★★★★

please help Two charged objects are located at the vertices of a right-angle triangle as shown. O A = - 5.0 PC 20 cm X

Answered: 1 week ago

Question

★★★★★

12. The form of creative action strategy, where would you say you have a strength, as a dreamer, as a realist or as a critic?

Answered: 1 week ago

Question

★★★★★

16. Now put the areas you have ranked in order of priority and reflect on which values they correspond to in your value hierarchy.

Answered: 1 week ago

Question

★★★★★

14. Now reconcile what you answered to problem 15 with problem 13.

Answered: 1 week ago

Previous Question Next Question