Key figures for best buy and radioshack follow required 1 compute return
Key figures for Best Buy and RadioShack follow.
Required
1. Compute return on total assets for Best Buy and RadioShack for the two most recent years.
2. Separate the return on total assets computed in part 1 into its components for both companies and both years according to the formula in Exhibit.
3. Which company has the highest total return on assets? The highest profit margin? The highest total asset turnover? What does this comparative analysis reveal? (Assume an industry average of 3.2% for return on assets.)
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