Question: Please Include your calculations!!!! 7) Determine the ROA for a retailer with the following information: Sales $ 2,400,300 Gross Margin 33.5% Expenses 590,400 Current assets

Please Include your calculations!!!!

7) Determine the ROA for a retailer with the following information:

Sales $ 2,400,300

Gross Margin 33.5%

Expenses 590,400

Current assets 64,700

Total assets 960,000

$

%

Net Sales

COGS

Gross margin

Expenses

Profit

ROA

8) Determine the ROA for a retailer with the following information:

COGS 71.8%

Gross Margin $12 571 560

Net Profit 5.5%

Current assets $ 1,240,000

Total assets $17,800,000

$

%

Net Sales

COGS

Gross margin

Expenses

Profit

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