Question: 1. Compute the Return on Assets ratio for FedEx for the year ended 5/31/22 Show your computations here: 2. Compute the Return on Assets ratio

1. Compute the Return on Assets ratio for FedEx for the year ended 5/31/22 Show your computations here: 2. Compute the Return on Assets ratio for UPS for the year ended 12/31/21. Show your computations here: 3. Compare the Return on Assets ratio for FedEx and UPS. Which company has the better ratio? Why? 4. Compute the Debt to Asset Ratio for FedEx at 5/31/22 and for UPS at 12/31/21. Show your computations here 5. Compare the Debt to Asset Ratio for FedEx and UPS Which company has the better ratio? Why? FedEx Corporation (FOX) Income Statement All numbers in thousands Breakdown TTM 5/31/2022 1/31/2021 Total Revenue 93312.000 91512000 1955.000 >Cost of Revenue 73.345.000 73345,000 66005.000 2017000 20.347000 17.55400 3 13644000 Operating income 11644,000 3131000 6523000 6,323,000 3971.000 Net Non Operating st Other come Expense 36000 991.000 4000 636,000 741000 951,000 1.442.000 4000 6.474.000 Tax Pro 1070.000 1443,000 115,000 310.000 5220,000 Salance Sheet All numbers in thousands Total Equity 1/31/2022 85.994.000 2777000 73537.000 155.000 58.400,000 55.343.000 34933000 aua 3/31/2020 241000 18.295.000 Source www.an.com Focus focu English (United States) 201

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

I posted these questions on Chegg yesterday and never got help. Please answer these five questions. Please take your time so I can get the right answers and explanations for these questions. Please...

Refer to the financial statements of American Eagle Outfitters given in Appendix B, Abercrombie & Fitch given in Appendix C, and the Industry Ratio Report given in Appendix D at the end of this book,...

Please help with this accounting assignment and please take your time so that I can get the right answers and explanation. Take your time and try to fill this out within the next 15 hours In Chapters...

ACC 112 Project 1B The below represents the comparative financial statements of Kamla Corporation 2016 Kamla Corporation Comparative Income Statement For the Years Ended December 31, 2016 and 2015...

Kamia Corporation Comparative Income Statement For the Years Ended December 31, 2016 and 2015 2015 2016 $1,002,000 $1,098,000 Net sales (all on account) Expenses Cost of goods sold Selling and...

Make an estimate of tax expense for 2016. Use the 2016 Income before income taxes and apply the current federal statut ory rate of 35% to make your estimate. What is the ratio of Cost of Revenue to...

Introductory Question: Before completing any ratio analysis, review the financials for each company. Based on the data in the financial statements alone, which company do you think is performing...

Assets Extra Credit Instructions 1. Compute the Return on Assets for 2016 through 2018. Show your work. You may compute in an Excel spreadsheet. Please submit your computations as well as the ratios...

ACC 112 Project 1B The below represents the comparative financial statements of Kamla Corporation. Kamla Corporation Comparative Income Statement For the Years Ended December 31,2016 and 2015 2016...

1. Using only the statement of financial position, calculate the percentage of the largest current liability account to total liabilities for 2018. Record your answer in percentage format and round...

Why are semiconductor materials preferable to metals in thermoelectric refrigerators?

Canyon Computer Security uses the perpetual inventory system and makes all credit sales on terms of n/30. Canyon completed the followi Click the icon to view the transactions.) Read the requirements....

I need help with the noncontrolling interest portion please On January 1 . 2 0 2 3 , Corgan Company acquired 8 0 percent of the outstanding voting stock of Smashing. Incorporated, for a total of $ 1...

CT Corp Comprehensive Question Canadian Tire Corporation, Limited ( Canadian Tire ) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

4. The simplest and best long-term strategy for getting others to do what you want is to let them know that you are the boss.

1. It is important to get along with everyone in organizations, even people you do not like.

If we asked your friends to list your best leadership qualities, what do you think they would say?