Question: Time left 1:50:09 PFag question Marked out of1.00 Net complete Question 31 Compute ROA and adjusted ROA CSX Corporation reported the following in its tax

 Time left 1:50:09 PFag question Marked out of1.00 Net complete Question

Time left 1:50:09 PFag question Marked out of1.00 Net complete Question 31 Compute ROA and adjusted ROA CSX Corporation reported the following in its tax footnote to its 2016 financial statements. Use this information to answer the requirements 2015 2014 2016 5 millions $1,836 $2.090 $2.049 Net income 607 572 573 Interest expense, net Average total assets 35.080 34046 32418 Compute (a) return on assets and (b) the adjusted return on assets for each of the three years. Assume a statutory tax rate of 37 % Round answers to one decimal place (ex: 0.2345 23.5% ) 2016 2014 2015 Return on ansens Adusted ROA Check Save Answers O Previous MacBook Air A # % 2. 3 5 7 W E R T Y U A F K C V M command T 4 N

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