Apple Inc. has total assets of $42.5 billion, total debt of $12.8 billion, net sales of $28.6 billion. Their net profit margin is 25%, operating profit margin was 35%. Solve for ROA & ROE.
Apple Inc. has total assets of $42.5 billion, total debt of $12.8 billion, net sales of $28.6 billion. Their net profit margin is 25%, operating profit margin was 35%. Solve for ROA & ROE.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 29E
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$28.6 billion. Their net profit margin is 25%, operating profit margin was 35%. Solve
for ROA & ROE."
Transcribed Image Text:Apple Inc. has total assets of $42.5 billion, total debt of $12.8 billion, net sales of
$28.6 billion. Their net profit margin is 25%, operating profit margin was 35%. Solve
for ROA & ROE.
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