Question: need the answer to D Computing and Interpreting Financial Statement Ratios Following are selected ratios of Norfolk Southern for 2018 and 2017. Return on Assets

need the answer to D

Computing and Interpreting Financial Statement Ratios Following are selected ratios of Norfolk Southern for 2018 and 2017. Return on Assets (ROA) Component 2018 2017 Profitability (Net income/Sales) 23.3% 51.2% Productivity (Sales/Average assets) 0.318 0.299 a. Was the company profitable in 2018? Yes - b. Was the company more profitable in 2018 or 2017? 2017 - c. Is the change in productivity a positive or negative development? Positive - d. Compute the company's ROA for 2018 and for 2017. Note: Round answers to one decimal places (example: 10.4%). ROA 2018 % 2017 14.6 %

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