Question: Please help me answer the following 2 questions below, all info to answer them is provided: Computing Return on Equity and Return on Assets The
Please help me answer the following 2 questions below, all info to answer them is provided:
Computing Return on Equity and Return on Assets The following table contains financial statement information for Wal-Mart Stores, Inc.
| 2010 | $170,407 | $14,370 | $408,085 | $70,468 |
| 2009 | 163,429 | 13,381 | 404,254 | 65,285 |
| 2008 | 163,514 | 12,731 | 378,799 | 64,608 |
(a) Compute the return on equity (ROE) for 2010 and 209. (Round your answers to one decimal place.)
2010 ROE =______%
2009 ROE =______%
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