Compute ROA, Profit Margin, and Asset Turnover a. Compute its return on assets (ROA) for...
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Accounting
Compute ROA, Profit Margin, and Asset Turnover a. Compute its return on assets (ROA) for the fiscal year ending January 31,2015. Compute ROA using net earnings (loss). Assume a statutory tax rate of 35%. Round your answer to one decimal place. Use negative sign with answer, if appropriate. Return on Assets = \% b. Disaggregate ROA into profit margin (PM) and asset turnover (AT). Round your answers to one decimal place. Use negative sign with answers, if appropriate. Profit Margin = % Asset Turnover =
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