Boga Corporation's 20X2 financial statements reported the items shown with 20X1 figures given for comparison (adapted...
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Boga Corporation's 20X2 financial statements reported the items shown with 20X1 figures given for comparison (adapted and in millions; \ is the symbol for the Japanese yen). View the financial statements. Compute Boga's return on assets and return on common equity for 20X2. Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? Financial Statements Balance sheet Total assets Total liabilities Total shareholders' equity (all common) Total liabilities and shareholders' equity Income statement Revenues and other income Operating expense Interest expense Other expense Net income 20X2 20X1 10,624 \9,515 7,404 3,220 \ 6,629 2,886 10,624 9,515 7,635 7,287 30 201 117 Compute Boga's return on assets and return on common equity for 20X2. Start by calculating the rate of return on assets (ROA). Select the formula needed, and then enter the amounts to compute ROA for 20X2. (Enter amounts in millions as provided in the problem statement, X.X. Round your answer to the nearest whole number. Round the percentage to the nearest tenth percent, X.X%.) ROA % Compute the rate of return on common shareholders' equity (ROE). Select the formula needed, and then enter the amounts to compute ROE for 20X2. (Enter amounts in millions as provided in the problem statement, X.X. Round your answer to the nearest whole number. Round the percentage to the nearest tenth percent, X.X%.) ) ROE % Evaluate the rates of return as strong or weak. Use a benchmark of 10% for return on assets and 15% for return on equity. Boga's rate of return on common shareholders' equity for 20X2 is Boga's rate of return on total assets for 20X2 is What additional information would be helpful in making this decision? (If an input field is not used in the table, leave the in average. strong. weak. not select a label.) Boga Corporation's 20X2 financial statements reported the items shown with 20X1 figures given for comparison (adapted and in millions; \ is the symbol for the Japanese yen). View the financial statements. Compute Boga's return on assets and return on common equity for 20X2. Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? Financial Statements Balance sheet Total assets Total liabilities Total shareholders' equity (all common) Total liabilities and shareholders' equity Income statement Revenues and other income Operating expense Interest expense Other expense Net income 20X2 20X1 10,624 \9,515 7,404 3,220 \ 6,629 2,886 10,624 9,515 7,635 7,287 30 201 117 Compute Boga's return on assets and return on common equity for 20X2. Start by calculating the rate of return on assets (ROA). Select the formula needed, and then enter the amounts to compute ROA for 20X2. (Enter amounts in millions as provided in the problem statement, X.X. Round your answer to the nearest whole number. Round the percentage to the nearest tenth percent, X.X%.) ROA % Compute the rate of return on common shareholders' equity (ROE). Select the formula needed, and then enter the amounts to compute ROE for 20X2. (Enter amounts in millions as provided in the problem statement, X.X. Round your answer to the nearest whole number. Round the percentage to the nearest tenth percent, X.X%.) ) ROE % Evaluate the rates of return as strong or weak. Use a benchmark of 10% for return on assets and 15% for return on equity. Boga's rate of return on common shareholders' equity for 20X2 is Boga's rate of return on total assets for 20X2 is What additional information would be helpful in making this decision? (If an input field is not used in the table, leave the in average. strong. weak. not select a label.)
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