Compute ROA and adjusted ROA CSX Corporation reported the following in its tax footnote to...
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Compute ROA and adjusted ROA CSX Corporation reported the following in its tax footnote to its 2019 financial statements. Use this information to answer the requirements. 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\% for 2017 and 22% for 2018 and 2019. a. Compute return on assets (ROA) for 2017, 2018, an zuiy Note: 1. Select the appropriate numerator and denominator used to compute ROA from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute ROA tor each year. b. Compute adjusted retum on assets (ROA) for 2017, 2018, and 2019 b. compute adjusted return on assets (ROA) for 2017, 2018, and 2019 Note: 1. Select the appropriate numerator and denominator used to compute adjusted ROA from the drop-down menu options. 2 . Enter the numerator and denominator amounts to compute adjusted ROA for each year
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