Delta Technologies has total assets of $28.45 billion, total debt of $7.512 billion, and net sales of $18.300 billion. Their net profit margin is 18%, and their operating profit margin is 25%. Solve for ROA (Return on Assets) and ROE (Return on Equity).
Delta Technologies has total assets of $28.45 billion, total debt of $7.512 billion, and net sales of $18.300 billion. Their net profit margin is 18%, and their operating profit margin is 25%. Solve for ROA (Return on Assets) and ROE (Return on Equity).
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 6P
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Can you help me solve this financial accounting question using valid accounting techniques?

Transcribed Image Text:Delta Technologies has total assets of $28.45 billion,
total debt of $7.512 billion, and net sales of $18.300
billion. Their net profit margin is 18%, and their
operating profit margin is 25%. Solve for ROA (Return
on Assets) and ROE (Return on Equity).
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