Computing Return on Assets and Applying the Accounting Equation Nordstrom Inc. reports net income of $564...
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Computing Return on Assets and Applying the Accounting Equation Nordstrom Inc. reports net income of $564 million for its fiscal year ended February 2019. At the beginning of that fiscal year, Nordstrom had $8,115 million in total assets. By fiscal year ended Feb- ruary 2019, total assets had decreased to $7,886 million. What is Nordstrom's ROA? Computing Return on Assets and Applying the Accounting Equation Nordstrom Inc. reports net income of $564 million for its fiscal year ended February 2019. At the beginning of that fiscal year, Nordstrom had $8,115 million in total assets. By fiscal year ended Feb- ruary 2019, total assets had decreased to $7,886 million. What is Nordstrom's ROA?
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Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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