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
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| ROA |
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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
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| $ | % |
| Net Sales |
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| COGS |
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| Gross margin |
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| Expenses |
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| Profit |
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