Question: In 2 0 1 8 , FedEx had total assets of $ 5 1 . 2 5 1 . 2 billion , an asset turnover

In2018, FedEx had total assets of $51.251.2billion, an asset turnover ratio of 1.771.77times, and a net profit margin of 9.29.2%. a. What is FedEx's return on assets? b. Find FedEx's ROE, given that 43.643.6% of the assets are financed with stockholders' equity. In 2018, FedEx had total assets of \(\$ 51.2\) billion, an asset turnover ratio of 1.77 times, and a net profit margin of \(9.2\%\).
a. What is FedEx's return on assets?
b. Find FedEx's ROE, given that \(43.6\%\) of the assets are financed with stockholders' equity.
a. FedEx's return on assets (ROA) is
\%.(Round to two decimal places.)
In 2 0 1 8 , FedEx had total assets of $ 5 1 . 2

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