Question
The following information is provided for Carla Vista Co. and Flint Corporation. What is Carla Vista's return on assets for 2017? 130.0% 13.6% 13.0% 12.5%
The following information is provided for Carla Vista Co. and Flint Corporation.
What is Carla Vista's return on assets for 2017?
130.0%
13.6%
13.0%
12.5%
| (in $ millions) | Carla Vista Co. | Flint Corporation |
|---|---|---|
| Net income 2017 | $145 | $360 |
| Net sales 2017 | 1230 | 4700 |
| Total assets 12/31/15 | 1075 | 2240 |
| Total assets 12/31/16 | 1070 | 3070 |
| Total assets 12/31/17 | 1160 | 4000 |
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
6th Edition
0324302959, 9780324302950
