Ratio Discussion - Return on Assets

The initial analysis should include the following:

The ratio equation

The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook. (See below)

Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.

Then explain whether this is a good result or a result that needs improving.

Use citations to cite any outside sources used.