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Use the following information to calculate, to one decimal place, the return on assets (ROA) for FY20: FY20 $m FY19 $m Total assets 6,553 5,000
Use the following information to calculate, to one decimal place, the return on assets (ROA) for FY20:
FY20 $m | FY19 $m | |
Total assets | 6,553 | 5,000 |
Finance costs | 50 | |
Tax expense | 300 | |
Profit | 700 |
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