Cisco Sytems has total assets of 35.59 Billion, total debt of $9.678 Billion, net sales of 22.045 billion. Their net profit margin is 20%, operating profit margin was 30%. 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
icon
Related questions
Question
100%

I need answer of this question solution general accounting

Cisco Sytems has total assets of 35.59 Billion, total debt
of $9.678 Billion, net sales of 22.045 billion. Their net
profit margin is 20%, operating profit margin was 30%.
Solve for ROA & ROE.
Transcribed Image Text:Cisco Sytems has total assets of 35.59 Billion, total debt of $9.678 Billion, net sales of 22.045 billion. Their net profit margin is 20%, operating profit margin was 30%. Solve for ROA & ROE.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer