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Using the following information about Company ABC 2014 income statement and balance sheet, determine its ROA. (Figures are in $ millions.) Net sales: $47,220 Total
Using the following information about Company ABC 2014 income statement and balance sheet, determine its ROA. (Figures are in $ millions.) Net sales: $47,220 Total assets: $33,005 Net profit: $1,783 Hints Some tasks offer you more figures than you actually need. Here: you will only need 2 out of the 3 figures above! Net sales net income 0 5.40% 2.95% 0 1.43% 0 7.45% o 24.7%
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