6. Find and compare the last 11-year Total Assets. Use Net Incomes in Requirement 1 to...

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6. Find and compare the last 11-year Total Assets. Use Net Incomes in Requirement 1 to calculate 10- year ROA's (Net Income/[(Beginning Total Assets + Ending Total Assets)/2] of your company and the competitor. Calculate their means and standard deviations (STD) in Excel. Copy the results below: 1 2 3 4 5 6 7 8 9 10 11 Fiscal year Mean STD 2021 2020 2019 2018 2017 2016 2015 2014 2013 Myojung Cho, Ph.D. FA Group Project Your firm's Total Assets ($millions) 2012 2011 $59,268 $55,556 $45,400 $40,830 $36,347 $33,163 $33,440 $33,034 $30,283 $27,140 $26,761 Your firm's ROA (%) ΝΑ 4 Competitor firm's Total assets ($millions) $420,549 $321,195 $225,248 $162,648 $131,310 $83,402 $64,747 $54,505 $40,159 $32,555 $25,278 Competitor firm's ROA (%) ΝΑ 6. Find and compare the last 11-year Total Assets. Use Net Incomes in Requirement 1 to calculate 10- year ROA's (Net Income/[(Beginning Total Assets + Ending Total Assets)/2] of your company and the competitor. Calculate their means and standard deviations (STD) in Excel. Copy the results below: 1 2 3 4 5 6 7 8 9 10 11 Fiscal year Mean STD 2021 2020 2019 2018 2017 2016 2015 2014 2013 Myojung Cho, Ph.D. FA Group Project Your firm's Total Assets ($millions) 2012 2011 $59,268 $55,556 $45,400 $40,830 $36,347 $33,163 $33,440 $33,034 $30,283 $27,140 $26,761 Your firm's ROA (%) ΝΑ 4 Competitor firm's Total assets ($millions) $420,549 $321,195 $225,248 $162,648 $131,310 $83,402 $64,747 $54,505 $40,159 $32,555 $25,278 Competitor firm's ROA (%) ΝΑ

Answer rating: 100% (QA)

ANSWER Your firms mean ROA over the last 11 years was ... View the full answer