14. Financial Statement Analysis
Ratios: Return on Assets (ROA)
14. Financial Statement Analysis
Ratios: Return on Assets (ROA)
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Practice this topic
- Multiple Choice
XYZ Company had net sales during the period of \$380,000 and net income of \$60,000. If total assets were \$480,000 at the beginning of the period and \$720,000 at the end of the period, what is the company's ROA?
406views4rank - Multiple Choice
A company has income before taxes of \$100,000. Net sales are \$400,000 and gross profit is \$300,000. What is the ROA, assuming the company has a 40% tax rate, and average total assets were \$900,000?
290views6rank - Multiple ChoiceWhich one of the following is the correct equation for computing Return on Assets (ROA)?209views
- Multiple ChoiceWhich of the following changes in the Return on Assets (ROA) ratio generally provides good news about a company?243views