Do fast answer of this accounting questions 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%. Solvefor ROA & ROE.

Step 1: Definition of ROA and ROEROA (Return on Assets): This ratio measures a company's…

Answered: Apple Inc. has total assets of $42.5…

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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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.