Question

You are provided with the following information about Wha Ti Inc. (Wha Ti), a small engine service company.


Required:
a. Calculate Wha Ti’s return on assets for 2015–2018 by determining its profit margin and asset turnover ratio. Assume that profit margin equals net income divided by sales.
b. Calculate Wha Ti’s return on equity for 2015–2018.
c. Assess the profitability of Wha Ti. In your response, explain the reasons for any changes in Wha Ti’sprofitability.


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  • CreatedFebruary 26, 2015
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