Question: I am having difficulty with this homework assignment. Computing Return on Equity and Return on Assets The following table contains financial statement information for Walmart

I am having difficulty with this homework assignment.

Computing Return on Equity and Return on Assets The following table contains financial statement information for Walmart Inc. S millions Total Assets Net Income 2018 2017 2016 5247,803 231,1 10 224,672 58,137 12,032 16,644 Sales 5408,263 396,609 385,054 Equity 581,920 87,992 87,912 a. Compute return on equity (ROE) for the two recent years. b. Compute return on assets (ROA) for the two recent years. c. Compute profit margin (PM) for the two recent years. d. Compute asset turnover (AT) for the two recent years. Round ROE, ROA and PM to one decimal place (example: 0.2345 Round AT to two decimal places (example: 1.35). = 23.5%). 2018 ROE 2017 13.7% 1.72 x

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