Question: Chapter 14 Assignment: GRADED i 3 Exercise 14.6 (Static) ROI (LO14-6) Saved 10 points Shown are selected data from a recent annual report of
Chapter 14 Assignment: GRADED i 3 Exercise 14.6 (Static) ROI (LO14-6) Saved 10 points Shown are selected data from a recent annual report of CVS Health, a large drugstore chain. (Dollar amounts are in millions.) Total assets Total stockholders' equity eBook Operating income Net income Print Beginning of the Year $ 94,462 End of the Year $ 95,131 36,834 37,695 9,517 6,623 a. Compute for the year CVS Health's return on average total assets. b. Compute for the year CVS Health's return on average total stockholders' equity. References (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. i.e. 0.1234 as 12.34%.) a. Return on assets % b. Return on equity % Help Save & Exit Submit Check my work
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
