Tapir Inc. operates with three divisions: Brazil, Columbia, Argentina. Below are selected results for each division...
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Tapir Inc. operates with three divisions: Brazil, Columbia, Argentina. Below are selected results for each division over the last two years. Revenues: Brazil Columbia Argentina Operating Income: Brazil Columbia Argentina Average Total Assets: Brazil Columbia Argentina Number of Managers: Brazil Columbia Argentina 2021 3,120,000 5,250,000 8,000,000 240,000 625,000 1,200,000 1,200,000 4,500,000 6,600,000 6 14 12 2020 2,000,000 5,000,000 7,000,000 140,000 700,000 980,000 900,000 4,400,000 6,125,000 5 14 10 a. Calculate Return on Assets (ROA) for Tapir Inc. in 2021 and 2020 (report percentages rounded two decimals). b. Calculate Return on Sales (ROS) for Tapir Inc. in 2021 and 2020 (report percentages rounded two decimals). c. Industry Averages are 15% for ROA and 10% for ROS in 2021 and 2020. Discuss Tapir's performance compared to industry averages (do not repeat calc's from above, discuss key performance). Tapir Inc. operates with three divisions: Brazil, Columbia, Argentina. Below are selected results for each division over the last two years. Revenues: Brazil Columbia Argentina Operating Income: Brazil Columbia Argentina Average Total Assets: Brazil Columbia Argentina Number of Managers: Brazil Columbia Argentina 2021 3,120,000 5,250,000 8,000,000 240,000 625,000 1,200,000 1,200,000 4,500,000 6,600,000 6 14 12 2020 2,000,000 5,000,000 7,000,000 140,000 700,000 980,000 900,000 4,400,000 6,125,000 5 14 10 a. Calculate Return on Assets (ROA) for Tapir Inc. in 2021 and 2020 (report percentages rounded two decimals). b. Calculate Return on Sales (ROS) for Tapir Inc. in 2021 and 2020 (report percentages rounded two decimals). c. Industry Averages are 15% for ROA and 10% for ROS in 2021 and 2020. Discuss Tapir's performance compared to industry averages (do not repeat calc's from above, discuss key performance).
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Step 13 a Calculation of Return on Assets ROA for Tapir Inc in 2021 and 2020 Return on Assets ROA Net Income Average Assets 100 For the year 2021 Net ... View the full answer
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Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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