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Using the information below calculate ROA and ROE for this company for 20X4. Company A 20X6 20X5 20X4 20X3 20X2 Ind. Average Net Profit Margin
Using the information below calculate ROA and ROE for this company for 20X4.
| Company A | 20X6 | 20X5 | 20X4 | 20X3 | 20X2 | Ind. Average |
| Net Profit Margin | 4.50% | 4.70% | 4.70% | 4.80% | 5.00% | 4.70% |
| Total Asset TO | 5.5 | 5.8 | 5.9 | 6.5 | 7 | 6 |
| Finl Leverage Ratio | 1.4 | 1.4 | 1.4 | 1.5 | 1.5 | 1.5 |
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Contemporary Auditing
Authors: Michael C. Knapp
8th edition
978-0538466790, 538466790, 978-1285066608
